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AirTran Airways to Defer 18 Boeing Aircraft Deliveries

Posted on: Tuesday, 3 June 2008, 09:00 CDT

AirTran Airways has announced that it will defer 18 Boeing 737-700 aircraft originally scheduled for delivery between 2009-11 and 2013-14.

The airline said that it currently operates 54 Boeing 737-700 series aircraft as well as 87 Boeing 717-200 aircraft, and reportedly has America's youngest all-Boeing fleet.

Bob Fornaro, president and CEO of AirTran Airways, said: "As we stated during our first quarter earnings call, as a result of continuing record high fuel costs, we are reducing planned growth for September 2008, through at least 2009 from 10% to no more than flat. This transaction will accomplish a substantial portion of that plan."


Source: Datamonitor

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