| Business Summary | | AirTran
Holdings,
Inc.
conducts
all
of
its
operations
through
its
wholly
owned
subsidiary,
AirTran
Airways
Inc.,
which
is
the
second-largest
affordable-fare
scheduled
airline
in
the
United
States
in
terms
of
departures.
The
Company
offers
scheduled
airline
service
serving
short-haul
markets,
primarily
from
its
hub
in
Atlanta,
Georgia.
To
date,
the
Company
operates
55
aircraft
making
approximately
314
flights
per
day
serving
34
cities
throughout
the
eastern
United
States.
The
Company's
markets
served
from
Atlanta
are
located
predominantly
in
the
eastern
United
States.
AirTran
Holdings
presently
serves
33
cities
from
Atlanta
with
up
to
14
daily
frequencies
in
certain
markets.
The
Company's
schedules
are
designed
to
provide
convenient
service
and
connections
for
its
business
and
leisure
travelers
and
to
facilitate
connections
for
its
passengers
traveling
through
Atlanta. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AirTran
Holdings,
Inc.
operates
a
low
fare
scheduled
airline
serving
short
haul
markets
primarily
in
the
Eastern
United
States.
For
the
six
months
ended
6/30/01,
revenues
rose
29%
to
$379.5
million.
Net
income
before
accounting
change
fell
11%
to
$22.7
million.
Revenues
benefitted
from
an
increase
in
passenger
revenues
due
to
an
increase
in
load
factor
and
an
increase
in
average
yield
per
revenue
passenger
mile.
Net
income
was
offset
by
a
$18.1
million
impairment
loss. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Joseph Leonard, 57 Chairman,
CEO | $1.0M | Robert Fornaro, 48 Pres,
Pres of Operating Subsidiary | 512K | Stanley Gadek, 49 Sr.
VP-Fin., CFO | 217K | Richard Magurno, 57 Sr.
VP, Gen. Counsel, Sec. | -- | Thomas Kalil, 64 Sr.
VP, Customer Service | 226K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|