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 -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 07.20.17

Airborne 07.24.17

Airborne 07.25.17

Airborne 07.26.17

Airborne 07.20.17

Airborne 07.21.17

Airborne-Unmanned 07.25.17

Airborne-YouTube

AMA 07.20.17

Airborne 07.24.17

Airborne 07.25.17

Airborne 07.26.17

Airborne 07.20.17

Airborne 07.21.17

Airborne-Unmanned 07.25.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

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

Belite AircraftÂ’s 'Chipper' 2-Place Experimental Arrives At EAA17

Now Faster With Increased Useful Load The performance numbers for Chipper, the experimental two place airplane kit from Belite Aircraft, have been updated, providing large gains in>[...]

Belite Introduces New Instruments At AirVenture

Fuel / Water Discriminator, Engine Monitoring System Installed In Chipper Airplane The FAA has long warned: "Water contamination of aircraft fuel systems has been and remains a maj>[...]

Airborne-Unmanned 07.25.17: Airspace Auto-Authorization, Bogus UAV Hit, CA Regs

Also: “Drone Billboard”, Eagle v Drone, Self-Driving Cars, Drone Locates Lost Man, Airborne-Unmanned-Help Wanted Greatly anticipated, it appears that this fall, some 50>[...]

Airborne-Unmanned 07.25.17: Airspace Auto-Authorization, Bogus UAV Hit, CA Regs

Also: “Drone Billboard”, Eagle v Drone, Self-Driving Cars, Drone Locates Lost Man, Airborne-Unmanned-Help Wanted Greatly anticipated, it appears that this fall, some 50>[...]

Airborne 07.25.17: Blue Origin Stands Tall!, Dynon-Certified, Rotax 915iS

Also: Able Flight, Piper M600 Grounding, Avidyne Updates, Pelton Intvw Part 2 No one who goes to Oshkosh remains surprised… for long... at all the amazing things they see at>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC