AirTran Reports 31 Percent Increase in November Traffic; Load Factor Increases Nearly Four Points.

ORLANDO, Fla.--(BUSINESS WIRE)--Dec. 2, 1998--AirTran Holdings, Inc. (Nasdaq:AAIR) today announced that its airline subsidiaries flew 256.3 million revenue passenger miles (RPMs) in November 1998, a 31.0 percent increase over the 195.6 million RPMs flown in November 1997. Available seat miles (ASMs) increased 22.6 percent to 434.4 million from the November 1997 level of 354.4 million.

The November 1998 load factor increased 3.8 percentage points from November 1997 to 59.0 percent. November 1998 passenger enplanements totaled 475,203, a 46.2 percent increase from November 1997.

AirTran is the second largest airline serving Atlanta, operating 130 daily departures from Atlanta to 29 destinations and over 270 daily departures system wide. Additionally, AirTran offers the convenience of easy, same concourse connections in Atlanta.

AirTran, recipient of Entrepreneur magazine's 1998 award for "Best Domestic Low-Fare Airline," provides everyday, affordable air travel throughout the eastern United States and Midwest. Unlike other airlines, AirTran never requires a roundtrip purchase or Saturday night stay. Currently operating a fleet of 50 jet aircraft, AirTran is the launch customer for the new Boeing 717-200 with a firm order of 50 aircraft and options for another 50. Delivery of these aircraft commences next summer. For more information and flight reservations, call your travel agent, 800-AIRTRAN (800-247-8726), 770-994-8258 (in Atlanta), or visit the AirTran website at www.airtran.com. -0-

                        AIRTRAN HOLDINGS, INC.
                    CONSOLIDATED TRAFFIC STATISTICS
                             NOVEMBER 1998


                           November 1998(a)  November 1997(a)  Change
                           ----------------  ----------------  ------

Available Seat Miles (000)    434,400           354,455        +22.6%

Revenue Passenger Miles (000) 256,291           195,599        +31.0%

Load Factor                     59.0%             55.2%      +3.8 pts

Passengers Enplaned           475,203           325,082        +46.2%


                            Y-T-D 1998(a)     Y-T-D 1997(a)    Change
                            -------------     -------------    ------

Available Seat Miles (000)    4,985,953         3,862,783      +29.1%

Revenue Passenger Miles (000) 2,991,643         2,203,063      +35.8%

Load Factor                       60.0%             57.0%    +3.0 pts

Passengers Enplaned           4,985,426         3,755,239      +32.8%



(a)  The numbers reflect AirTran Holdings, Inc., which includes
     AirTran Airlines and AirTran Airways.

Statements regarding the Company's future profitability, traffic and revenue are forward-looking statements and are not historical facts. Instead, they are estimates or projections involving numerous risks or uncertainties, including but not limited to, consumer demand and acceptance of services offered by the Company, the Company's ability to maintain current cost levels, fare levels and actions by competitors, regulatory matters and general economic conditions. The Company disclaims any obligation to update or correct any of its forward-looking statements.