ADVISORY/AirTran Airways' CEO and VP-Planning Testify Before Congress Regarding Impact of Airline Concentration on Low Fare Competition.News/Assignment Editors & Business/Travel Writers ADVISORY...for Wednesday Wednesday: see week. (March 21) --(BUSINESS WIRE)
WHAT: CEO Joe Leonard will testify before the House Energy &
Commerce Committee's Subcommittee on Commerce, Trade &
Consumer Protection.
Kevin Healy, Vice President of Planning, will testify before
the Senate Judiciary Committee's Subcommittee on Antitrust,
Business Rights and Competition.
Both testimonies will be available via the airline's Web
site, www.airtran.com, later today.
WHO: Joe Leonard, AirTran Airways' Chairman and Chief Executive
Officer Kevin Healy, AirTran Airways' Vice President
- Planning
WHEN: Wednesday, March 21, 2001 12:30 p.m. (EST)
WHY: If pending airline mergers proceed as currently structured,
the two largest airlines will control two-thirds of all
slots at Reagan National Airport and nearly 60% at
LaGuardia.
To explain the "AirTran Effect" - The stimulation of both
business and leisure travel in AirTran Airways' new markets,
where fares generally decline by 50% and passenger demand
grows by 125%.
Based on DOT statistics, passengers to and from Atlanta
saved nearly $700 million in 1999 as a result of AirTran
Airways' competition.
Note to Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. , D.C. Reporters: To schedule an interview with Mr. Leonard Leon·ard , Ray Charles Known as "Sugar Ray." Born 1956. American boxer who won the 1976 Olympic light welterweight title. He held five world titles as both a welterweight and middleweight between 1979 and 1987. Noun 1. today, page Jim Brown
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