Did Southwest Airlines buy AirTran?
Southwest Airlines (NYSE: LUV) announced today that it has closed on its purchase of all of the outstanding common stock of AirTran Holdings, Inc. (NYSE: AAI), the former parent company of AirTran Airways (AirTran).
Why did Southwest acquire AirTran?
One of the largest benefits Southwest touted about the AirTran acquisition was the access it would obtain to Atlanta Hartsfield International Airport, which had been a significant gap in the airline’s network.
Did AirTran go out of business?
AirTran Airways, or simply AirTran, was a US budget carrier headquartered in Florida with its main hub in Atlanta. Operating mainly Boeing 717s and 737s, the airline would shuttle passengers around the US midwest and east coast. Operating for 21 years, AirTran ceased operations in 2014.
How much did Southwest buy AirTran for?
In the latest of a wave of mergers, Southwest Airlines agreed to buy AirTran Holdings for $1.4 billion in the first major merger among U.S. discount carriers.
What happened to AirTran planes?
ValuJet Airlines was renamed “AirTran Airlines” before it was merged into AirTran Airways. AirTran Airways and parent AirTran Holdings were acquired by Southwest Airlines on May 2, 2011, and gradually integrated with the final revenue flight operating on December 28, 2014….AirTran Airways.
| IATA | ICAO | Callsign |
|---|---|---|
| FL | TRS | CITRUS |
When did Southwest acquired AirTran?
2011
On May 2, 2011, Southwest Airlines closed on its purchase of all of the outstanding common stock of AirTran Holdings, Inc. (NYSE: AAI), the former parent company of AirTran Airways (AirTran).
Is there still an AirTran Airways?
AirTran Airways has ceased to exist in an industry that has reshaped itself into something that would not be easily recognized when the Dallas carrier took its first flight about two decades ago. The trip, dubbed Flight 1, was a nod to the airline’s first flight in 1993, when it was known as ValuJet.
When did Southwest acquire AirTran?