AirTran Airways parent AirTran Holdings posted record first-quarter net income of $28.7 million, reversed from a $35.4 million loss in the year-ago period, signaling "the first steps in a long recovery for our company and our industry," Chairman, President and CEO Bob Fornaro said. He insisted that the carrier's "industry-leading cost profile" positions it well in the current economic environment. But he cautioned that the positive first-quarter results wouldn't lead it to abandon its 3%-4% ...

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