Loading

AirTran Airways' deep second quarter losses spur further capacity cuts

AirTran Holdings, the parent company of AirTran Airways, reported a net loss of USD13.5 million in the three months ended 30-Jun-08 (2Q08), compared to a net profit of USD42.1 million in the previously corresponding period, resulting in a -6.6% operating margin, a 19.3 ppt year-on-year reduction. The quarter's loss was largely attributable to the effects of record high fuel costs, with fuel costs increasing by more than USD166 million in the quarter.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,414 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 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.