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9955 Airtran Boulevard

Orlando, FL 32827

USA

Phone

800.965.2107

Company Information

Company Information
Industry	Airlines/Air Transportation and Related

# of Employees	7700

Ownership	Public Company

SIC Code	4512

Company Security Requirements	1. Very High

Company Storage Requirements	1. Very High

Fortune 1000 Rank	888

Description

AirTran Holdings, Inc. is involved in the airline business in the United States through its principal wholly owned subsidiary, AirTran Airways, Inc. (Airways). Airways is a low-fare scheduled airline, which operates scheduled airline service primarily in short-haul markets, predominantly in the eastern United States. The majority of its flights originates and terminates at its hub in Atlanta, Georgia. As of March 1, 2005, Airways operates 80 Boeing 717 and 10 Boeing 737 aircraft, making approximately 500 scheduled flights per day to 43 airports across the United States. The Company serves more than 60 communities in 23 states, the District of Columbia and the Bahamas. It primarily serves leisure and business travelers, and offers advanced seat assignment, business class, consumer-driven automation, such as online check in and Bye-Pass airport self-service kiosks, as well as its customer loyalty program, A-Plus Rewards.

Top Executives

Executive Name	Title
Aloia, Peter	SVP And Chief Financial Officer, American Standard Companies
Fornaro, Robert	President, Chief Executive Officer, Director
Gadek, Stan	Senior Vice President, Finance And CFO
Gadek, Stanley	Chief Financial Officer, Senior Vice President - Finance
Osterberg, Mark	Vice President, Chief Accounting Officer
Wiggins, Rocky	Vice President, Chief Information Officer

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Recent Company Events

Date	Type of Event	Details
2008-01-29	Earnings/Dividends	Fourth Quarter Unit Revenues Increase 9.4 Percent Annual Revenues Grow By Over 22.1 Percent on a 19.4 Percent Increase in Capacity Set New Records for Annual Load Factor, Passengers and Revenues ORLANDO, Fla., Jan. 29 /PRNewswire FirstCall/ AirTran Holdings, Inc., , the parent company of AirTran Airways, Inc., today reported net income of $52.7 million for the full year 2007 or $0.56 per diluted share. For the fourth quarter, AirTran reported a net loss of $2.2 million or $0.02 per diluted share. Included in the full year results is a charge associated with the termination of AirTran's exchange offer for Midwest Air Group and a gain on the sale of two aircraft. The combined impact of these two items resulted in a reduction of earnings of $2.8 million, net of tax, or $0.02 per diluted share. For the full year and fourth quarter of 2006, AirTran reported net income of $14.7 million or $0.16 per diluted share and a $3.6 million or $0.04 loss per diluted share, respectively. "We finished the year with very strong revenue performance reflecting the high quality of our service and diversified network, which was especially important given the challenging operating environment and record high fuel costs in 2007," said Bob Fornaro, AirTran Airways' president and chief executive officer. "We are proud of our improved profitability, and our dedicated, hard working Crew Members deserve all the credit. Their loyalty and outstanding customer service have taken AirTran Airways to new heights, and I look to our future performance with optimism." During the fourth quarter, capacity grew by 15.1 percent and traffic rose by 25.5 percent, resulting in a load factor of 75.3 percent, a 6.3 point increase year over year. Revenues for the fourth quarter grew 26.5 percent and passenger unit revenue increased 9.4 percent. For the full year, capacity increased by 19.4 percent and traffic rose 25.0 percent, which resulted in a record load factor of 76.2 percent. Total revenues grew by 22.1 percent to a record $2.3 billion. Commenting on the fourth quarter, Kevin Healy, senior vice president of marketing and planning for AirTran Airways, said, "With double digit capacity growth and seven new destinations added to our growing network in 2007, we're pleased to report very strong unit revenue performance." He added, "While we remain in a very challenging business environment in 2008 our advance bookings and demand look strong, and I am optimistic about our revenue performance going forward." AirTran Airways reduced its total operating unit costs for the year by 1.7 percent despite a 2.8 percent increase in the price of fuel. Non fuel unit operating costs declined by 2.6 percent for the year. During the fourth quarter, non fuel unit costs increased 2.2 percent due to significant weather events, increased maintenance, and distribution costs related to higher passenger traffic and revenues. Commenting on the fourth quarter performance, AirTran Airways' senior vice president and chief financial officer Stan Gadek said, "I am very pleased that we have continued to lower our non fuel unit costs for the sixth consecutive year. AirTran's ability to deliver a high quality product with an industry leading cost structure has enabled us to report a significant increase in profits." Recent highlights of AirTran Airways' accomplishments include: Added ten new Boeing 737 700 aircraft in 2007, which increased our 737 fleet to 50 aircraft and total fleet to 137 aircraft. Initiated service to seven new destinations in 2007 Charleston, S.C.; Daytona Beach, Fla.; Newburgh, N.Y.; Phoenix, Ariz.; Portland, Maine; St. Louis, Mo.; and San Diego, Calif. Secured financing on all aircraft deliveries through December 2008. Launched 30 new non stop routes in 2007 throughout our network. Announced the commencement of service to San Juan, Puerto Rico beginning March 5, 2008. Created more than 800 new
2008-01-03	Contract/Agreements	Fare Airline Signs Deal for Boeing 737NG Landing Gear Maintenance ORLANDO, Fla., Jan. 3 /PRNewswire FirstCall/ AirTran Airways, a subsidiary of AirTran Holdings, Inc. , announced today that it has awarded Israel Aerospace Industries' Bedek Group a long term contract for landing gear maintenance covering its entire fleet of Boeing 737NG aircraft. "AirTran Airways regards IAI's Bedek Group as one of our superior suppliers of maintenance, repair and overhaul (MRO) services," said Stephen Kolski, AirTran Airways' senior vice president for operations. "In terms of cost, quality and service, we have found IAI's Bedek Group ready, willing and able to consistently live up to its commitments. They have proven themselves to be a partner in every sense of the word." AirTran Airways has ordered 115 Boeing 737NG aircraft and taken delivery of 50 to date. AirTran Airways also operates 87 Boeing 717 aircraft and has the youngest, all Boeing fleet in North America. Danny Kleiman, IAI vice president and Bedek Group general manager, said his organization looks forward to extending its ongoing relationship with AirTran Airways. "We are very pleased to expand our long term business relationship with AirTran Airways," Kleiman said. "AirTran Airways has been a distinguished customer of IAI Bedek for the last decade. The new contract for maintenance of Boeing 737NG landing gear and other components allows AirTran Airways and Bedek to reduce costs while maintaining the highest levels of quality and service." AirTran Airways, a Fortune 1000 company, offers more than 700 affordable, daily flights to 56 U.S. destinations. With 8,900 friendly Crew Members and America's youngest all Boeing fleet, AirTran Airways provides XM Satellite Radio and Business Class seating on every flight. For more information and free online booking, visit http://airtran.com. Israel Aerospace Industries' Bedek Aviation Group is a leading supplier of aviation maintenance, repair, overhaul and conversion services on a variety of commercial and military aircraft, engines and components. Bedek provides cost effective, total maintenance support packages through its Full Services Provider Programs. Media Contacts: Tad Hutcheson Judy Graham Weaver David Hirschman 678.254.7442 s.server=server() s.channel="news release" s.pageName="news_release_airtran airways awards long term maintenance contract to iai's bedek group" s.prop2="109" s.prop3="01 03 2008" /*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code); //

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