Southwest Airlines on Monday announced an agreement to acquire AirTran Airways. Photo: By Rob Finlayson. Southwest Airlines' acquisition of AirTran Airways for approximately $1.4 billion in cash and SWA stock (see item below) is expected to yield net annual synergies of more than $400 million by 2013, SWA said on Monday. One-time costs related to the acquisition and integration of AirTran are expected to be in the range of $300-$500 million. The deal combines two carriers with ...

Subscribe to Access this Entire Article

"Southwest expects $400 million in annual synergies from purchase of AirTran" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.