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AirTran sees competitive silver lining in US consolidation

AirTran Airways CEO Robert Fornaro said last week that mergers are a good idea for struggling airlines that may need to reduce capacity but not for AirTran, which has been profitable consistently for nearly a decade and should benefit from consolidation. Speaking at an Aero Club luncheon in Washington, Fornaro said, "The industry needs to evolve and the quicker the better. . .It creates larger competitors for us to contend with but we can compete with anyone out there," adding that the ...

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