AirTran Airways - Disappointingly deep third quarter losses spur further capacity cuts

AirTran Holdings, the parent company of AirTran Airways, reported a concerning USD106.7 million net loss for the three months ended 30-Sep-08 (3Q08), compared to a net profit of USD10.6 million in the previously corresponding period, resulting in a -15.9% net margin, a 17.6 ppt year-on-year reduction.

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