AirTran Holdings, parent of AirTran Airways, has reported third-quarter net income of $36.3 million, tripling the $10.4 million profit in the sma period in 2009. Revenue rose 11.8% to $667.9 million, with expenses up 9.1% to $611.3 million and an operating income of $56.7 million. Third-quarter traffic increased 1.9% year-over-year to 5.27 billion RPMs, producing a load factor of 84.1%. The airline, which is merging with Southwest, has reached an agreement with its 1,700 pilots on a new labour contract. If the pilots vote in favour of the deal, it will take effect by December 1.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register