Southwest Airlines (LUV) is up 0.65% to .40 in midday trade, after AirTran Airways (AAI) shareholders approved selling the discount airline to Southwest for .4 billion. AAI is unchanged at .32 at last check. The deal would give Southwest a foothold in Atlanta and routes to Mexico and the Caribbean in line with the company’s [...]
“Southwest Airlines (NYSE:LUV) planned acquisition of AirTran Holdings (NYSE:AAI) may cause higher ticket prices as the low-fare competitor is eliminated and the merged carrier raises prices in order to offset higher costs. Earlier this week, Southwest, the world’s largest discount airline agreed to acquire AirTran in a cash and stock deal valued at .4 billion, [...]
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market New family screening lanes by Thanksgiving Airlines improved performance in September HOLIDAY TRAVEL TIP AirTran charges for 1st bag Southwest, Volaris Ink Codeshare Deal JFK to Use Sensis Aerobahn Air China Launches a Fleet of Airbus A330s onto its Beijing-Dubai Route New IND Terminal Opens FAROS at DFW DELTA ADDING INTERNATIONAL ROUTES HAWAIIAN ADDS [...]
