Southwest Airlines 737-300. Photo: By Rob Finlayson. Southwest Airlines on Monday completed its acquisition of AirTran Airways, a move that combines the world's largest LCC with the third largest LCC in North America and further accelerates the US industry's consolidation. The deal gained US Dept. of Justice approval last week (ATW Daily News, April 27). AirTran 737-700. Photo: By Rob Finlayson. "The acquisition of AirTran represents a unique opportunity to extend ...

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