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AirTran expects first annual loss since 1999

Premium Analysis

AirTran Airways is expecting to report its first full-year loss since 1999 this year, due to high fuel prices earlier in the year and weaker demand since the Summer peak. In 1999, the carrier reported a USD99 million loss. CFO, Arne Haak, stated, "we've replaced high oil and a moderate economy with lower oil and an uncertain economy".

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