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 12.19.14 ** HD iPad-Friendly -- Airborne 12.19.14 **
** Airborne 12.17.14 ** HD iPad-Friendly -- Airborne 12.17.14 **
** Airborne 12.15.14 ** HD iPad-Friendly -- Airborne 12.15.14 **

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

Airborne 12.19.14: Falcon 8X Unveiled, Sportys 172LITE, Bizarre CA AvGas Lawsuit

Also: ANN/Airborne's Crystal Ball, Lear70/75 Mexico Cert, Carnegie Mellon's Lunar Rover, Dragon Delays Dassault Aviation rolled back the curtains earlier this week on the ultra-lon>[...]

Airborne 12.19.14: Falcon 8X Unveiled, Sportys 172LITE, Bizarre CA AvGas Lawsuit

Also: ANN/Airborne's Crystal Ball, Lear70/75 Mexico Cert, Carnegie Mellon's Lunar Rover, Dragon Delays Dassault Aviation rolled back the curtains earlier this week on the ultra-lon>[...]

Aero-TV: Redbird's Roger Sharp -- Pushing The Aero-Educational Envelope

One of The Most Important Aspects of GA is Flight Training... But Is The Industry Keeping Up With The Times? While at the Redbird Migration 2014, ANN CEO and Editor-In-Chief, Jim C>[...]

ANN's Daily Aero-Linx (12.20.14)

University Aviation Association We often report about aviation educational opportunities and programs here at ANN. The logic being that young people getting interested in the indus>[...]

ANN's Daily Aero-Term (12.20.14): Hot Start

In gas turbine engines, a start which occurs with normal engine rotation, but exhaust temperature exceeds prescribed limits.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC