AirTran Airways would be the biggest beneficiary of a Delta Air Lines bankruptcy filing and stands to inherit "16 cents of every revenue dollar Delta leaves behind," but the entire industry would profit from anticipated double-digit capacity cuts, according to JP Morgan's Jamie Baker, who "officially" joined the chorus of those "calling for an imminent Chapter 11 filing." In a report released yesterday, Baker forecast that Delta will shrink capacity 15% from current levels, "approximating ...

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