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AIRTRAN CORPORATION INCREASES QUARTERLY CASH DIVIDEND

 AIRTRAN CORPORATION INCREASES QUARTERLY CASH DIVIDEND
 MINNEAPOLIS/ST. PAUL, March 11 /PRNewswire/ -- AirTran Corporation


today announced that its board of directors has increased its quarterly cash dividend by 20 percent from $0.05 (five cents) per share to $0.06 (six cents) per share. The dividend, which is equivalent to an annual rate of $0.24 per share, is payable on or about April 9, 1992, to shareholders of record on March 20, 1992.
 AirTran is the parent company of Mesaba Aviation, Inc., a regional airline which operates as Northwest Airlink under a marketing agreement with Northwest Airlines. Mesaba currently provides scheduled airline service to 39 cities in 13 states and one Canadian province.
 As of March 11, 1992, there were approximately 3.7 million shares of common stock outstanding. AirTran has paid a quarterly dividend on its stock since 1987.
 AirTran's common stock is traded on the NASDAQ National Market System under the symbol ATCC.
 -0- 3/11/92 R
 /CONTACT: Ken Bronson of AirTran, 612-726-5151, ext. 314/
 (ATCC) CO: AirTran Corporation; Mesaba Aviation ST: Minnesota IN: AIR SU: DIV


KH -- MN004 -- 7429 03/11/92 16:03 EST
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Publication:PR Newswire
Date:Mar 11, 1992
Words:190
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