AirTran Deal Solves SWA Growth Plans
By Darren Shannon darren_shannon@aviationweek.com
Southwest Airlines’ proposed merger with AirTran Airways sets up the low-cost giant’s growth plans for the next decade, and allows it to add both small U.S. markets and international destinations to its network.
The deal, valued at $1.4-billion in stock and cash, will also create a domestic powerhouse that will rival the world’s largest operators in size of fleet and employees, if ...