AirTran CFO Sees Opportunity In Industry Downturn | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Sun, Feb 08, 2009

AirTran CFO Sees Opportunity In Industry Downturn

Other Airlines' Cutbacks Leave Room For Expansion

Orlando-based AirTran has taken advantage of other airlines' cutbacks to selectively expand its routes, adding flights while cutting capacity and costs. 

The Atlanta Journal-Constitution reports AirTran Airways Chief Executive Bob Fornaro spoke at a Raymond James investor conference Thursday, revealing some of the company's strategy for surviving the recession.

"[There] is a lot of uncertainty out there, which I think is OK for us because that may create some opportunity as well," Fornaro said. "We can operate quite nicely in an environment that's got weak input prices such as oil and a weak revenue environment."

The airline has set its sights on expanding service to Milwaukee, picking up flights as competitor Midwest Airlines shrinks. Fornaro said that AirTran, "centered on Atlanta but ultimately a lot more diverse than we were four or five years ago," hopes to total over 30 departures daily from Milwaukee.

AirTran is cutting capacity by four percent this year, has tabled other growth plans for the next two years, and will continue to look for ways to cut costs during the recession.

FMI: www.airtran.com

Advertisement

More News

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC