AirTran Reduces First Quarter Loss, Cuts Travel Agent Commissions
AirTran Holdings posted a first quarter net loss of $7.9 million, about half the $18.5 million loss a year ago. Operating revenues increased to $94.5 million from $36.9 million a year earlier. AirTran recorded an operating loss of $2.9 million and ended the quarter with $73 million in cash. The...
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