AirTran Holdings, Inc. (AirTran) conducts the flight operations, through its wholly owned subsidiary, AirTran Airways, Inc. The Company is engaged in operating scheduled airlines in the United States. As of February 2, 2009, the Company operated 86 Boeing B717-200 aircraft (B717) and 50 Boeing B737-700 aircraft (B737) offering approximately 700 scheduled flights per day to 56 locations in the United States (including San Juan, Puerto Rico). The entire fleet of the Company is comprised of B717 and B737 aircrafts. As of February 2, 2009, the Company had a combined total of 136 aircrafts.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, AirTran Holdings, Inc.'s revenues fell 11% to $1.74B. Net income totaled $117.6M vs. a loss of $144.7M. Revenues reflect an decrease in passenger income. Net income was offset by lower aircraft fuel expenses, a decrease in salaries, wages & benefits, lower aircraft rent, a decrease in aircraft insurance & security services and the absence of impairment of goodwill.