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AirTran posts first-quarter profit

AirTran Holdings reported net income of $2.4 million for the first quarter ended March 31, reversing the $8.8 million loss posted in the same period a year earlier. Revenues jumped 21.3% to $504.5 million while expenses rose 14.9% to $491 million, producing an operating profit of $13.4 million compared to an operating loss of $11.3 million in the 2006 quarter. "We obviously feel a sense of satisfaction with the first quarter even though the profit is not larger," Chairman and CEO Joe Leonard said.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.