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AirTran Airways Announces It Will Not Apply for Federal Loan Guarantees.


Business Editors/Travel Writers

AirTran Airways AirTran Airways is a low-cost airline that is a Delaware corporation with headquarters in Orlando, Florida, USA and is a subsidiary of AirTran Holdings. AirTran operates over 750 daily flights throughout the eastern USA and the Midwest, including over 270 daily departures from , a subsidiary of AirTran Holdings, Inc., (NYSE NYSE

See: New York Stock Exchange
:AAI AAI American Association of Immunologists. ), today announced that it will not apply for federal loan guarantees offered by the Air Transportation Stabilization Board The Air Transportation Stabilization Board is an office of United States Department of the Treasury set up after the September 11, 2001 attacks to offer loans to troubled US airlines. External links
  • U.S.
 following the September 11th terrorist attacks. The deadline for applying for the federal loan guarantees is June 28, 2002.

"AirTran Airways' strong business model has proven itself through these tough times and we have achieved growth through network diversification," said Joe Leonard, AirTran Airways' chairman and chief executive officer. "We have strategically filled the air carrier void by adding service in six new cities and 23 new routes since September 11th, including Baltimore/Washington, Milwaukee, Pensacola, Rochester, Tallahassee, and Wichita," stated Leonard.

AirTran Airways provides affordable air travel with 388 flights a day to 38 cities throughout the eastern United States. The airline's hub is at Hartsfield Atlanta International Airport, the world's busiest airport World's busiest airport is a claim that is fiercely fought over by the owners of the world's largest airports. The definition of "busiest" is debated as well, with claims being staked on the basis of aircraft operations, cargo traffic or total passengers.  (by passenger volume), where it is the second largest carrier operating 151 flights a day. AirTran Airways is a subsidiary of AirTran Holdings, Inc. (NYSE:AAI).

Unlike other airlines, AirTran Airways never requires a roundtrip purchase or Saturday night stay. The airline offers a Business Class any business can afford, all-assigned seating, a generous frequent flier program, and a corporate program called A2B A2B Anti-Two-Block
A2B Administration-to-Broker
A2B Administration to Business
. For more information and reservations, visit http://www.airtran.com (America Online Keyword: AirTran), call your travel agent or AirTran Airways at 1-800-AIRTRAN (800-247-8726) or 770-994-8258 in Atlanta. En espanol, 1-877-581-9842.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 27, 2002
Words:240
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