22-Jul-2010 11:47 AM
AirTran posts all time record quarterly revenue, USD12.4 million profit
Analysis
AirTran Holdings reported passenger unit revenue rose 12.6% during the second quarter, driving record revenues and second quarter profit despite a per gallon fuel increase of over 37%. For the second quarter, according to CFO Arne Haak who briefed analysts yesterday, revenue rose 16.1% to USD700.6 million and, for the third quarter in a row, represented the highest quarterly revenue in company history at a time when it is operating five fewer aircraft.
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