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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.
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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.
Thank you southwest can't wait for you to be my hometown airline again.
will airtrans in memphis TN be bought out & also serviced by southwest