Southwest Airlines is launching new service to Atlanta on Feb. 12th, 2012, bringing greatly reduced fares and new flexibility for both business and leisure Customers.
Southwest Airlines plans “radical changes” at AirTran Airways, the low-cost airline it acquired in May. Gary Kelly, chief executive at the Dallas-based carrier, said: “I think we can improve the profitability and so absolutely you are going to see a different offering there.”
Southwest Airlines has reported second quarter 2011 net income of $161 million, or $.21 per diluted share, compared to net income of $112 million, or $.15 per diluted share, for second quarter 2010. Operating income was $207 million for second quarter 2011, compared to $363 million for second quarter 2010.
Southwest Airlines and AirTran Airways today each released flight schedules for January 8, 2012, through March 9, 2012.
Southwest Airlines and AirTran Airways today announced additional service coming to Milwaukee. Beginning Sept 6, 2011, AirTran will add two daily roundtrips between Milwaukee and Des Moines, IA, as well as two daily roundtrips between Milwaukee and Akron-Canton, OH.
Southwest Airlines has been cleared to complete its acquisition of AirTran after an investigation found the deal was “not likely to substantially lessen competition”. Officials at the American Department of Justice found the merged firm would be able to offer new service on routes that neither serves today.
Southwest Airlines has confirmed it intends to close its transaction to acquire AirTran, on May 2nd 2011. Southwest also said it anticipates Bob Jordan, Southwest’s executive vice president strategy and planning, to be appointed as president of AirTran to help guide the airline through its integration with Southwest.
Earlier today, the respective Unions representing Southwest Airlines and AirTran Airways Pilots, as well as both Companies signed a Four-Party Process Agreement that provides for the two pilot groups to begin their seniority integration discussions prior to legal closing of the AirTran acquisition.
The Federal Aviation Administration has confirmed it will issue an emergency directive requiring operators of specific early Boeing 737 models to conduct initial and repetitive electromagnetic inspections for fatigue damage. The decision follows a mid-air rupture of the fuselage skin on Southwest Airlines flight 812 on Friday.
Southwest Airlines said early this morning it is working with the National Transportation Safety Board to determine the cause of a depressurization event during a Phoenix-Sacramento flight on Friday that diverted to Yuma, Ariz., for a successful emergency landing.