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AirTran posts better than expects 4Q results; record FY2009 profits

Analysis

AirTran's shares gained 1.5% yesterday, upon the release of better-than-expected fourth quarter results, in which the carrier reported a net profit of USD17.1 million (compared to a loss of USD122 million in the previous corresponding period), to become one of only a handful of carriers to report a profit in every quarter of 2009.

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