In an interview Tuesday, AirTran President and Chief Executive Bob Fornaro drew a sharp contrast between the Orlando, Fla.-based carrier and the airlines that went out of business last week. He said first-quarter revenue rose 6 to 7 percent, and that advance bookings through the third quarter are better than at the same time last year.
"These were very, very weak airlines," Fornaro said, adding the carrier was "absolutely not" expecting to file for bankruptcy. "We're strong in the marketplace, we're well positioned, and we have the lowest cost structure in the industry."
YOU SHOULD NEVER TRUST MGT. BUT I DO LIKE WHAT HE SAYS. AT LEAST OUR REVENUE HAS INCREASED FOR THE QUARTER LET US HOPE IT IS ENOUGH TO OFFSET FUEL.