September 27th, 2010
08:37 AM ET

Southwest to acquire AirTran

Southwest Airlines plans to acquire AirTran Holdings for $1.4 billion, the airlines said on Monday.

Southwest chief executive officer Gary Kelly said the deal will allow his airline to expand into airports serving major hubs like Atlanta, Washington D.C., Boston, Baltimore and New York City.

The deal has been approved by the board of directors of each airline, and is now contingent upon the approval of regulators and AirTran stockholders.

Read full CNNMoney.com story

soundoff (3 Responses)
  1. Daryl-Atlanta

    This is the perfect time for the marriage and for both sides... it cannot fail. Great for the two companies, their shareholders and for the traveling public. Great for Atlanta too.

    September 27, 2010 at 9:55 am | Report abuse |
  2. kim

    Thank you southwest can't wait for you to be my hometown airline again.

    September 27, 2010 at 12:44 pm | Report abuse |
  3. Annette Campbell

    will airtrans in memphis TN be bought out & also serviced by southwest

    September 27, 2010 at 1:03 pm | Report abuse |