Loading

AirTran Airways reports first annual loss since 1999

Premium Analysis

AirTran Airways reported its first full-year loss since 1999 of USD273.9 million, due to the challenging combination of high fuel prices in the first three quarters of 2008 and weaker demand since the Summer peak. The net loss included non-operating losses of USD150.8 million related to changes in fair value on the company's fuel hedge contracts. The carrier reported a USD52.7 million net profit reported in 2007.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,312 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.