01-Feb-2011 4:24 PM
AirTran in eighth consecutive profitable year, 4Q income drops dramatically
Analysis
With its USD38.5 million net income for 2010 down 71.4%, AirTran managed to eke out its eighth consecutively profitable year while recording USD1.9 million net income for the fourth quarter. Operating margin for the year the dropped 1.7 points to 4.9% while net margin dropped 4.3% to 1.5%.
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