AirTran Holdings Statement on Form 10-K
Posted on: Thursday, 9 March 2006, 18:00 CST
ORLANDO, Fla., March 9 /PRNewswire-FirstCall/ -- AirTran Holdings, Inc. , announced today that the amounts reported in the audited financial statements for 2005 included in Form 10-K differ from those previously reported in its press release filed on a Form 8-K dated January 27, 2006, principally due to changes in estimates as a result of information which became available to management subsequent to the date of the press release. The effect of these adjustments on a net of tax basis reduces the previously reported preliminary fourth quarter and full year 2005 results by approximately $1.0 million or $0.01 per fully diluted share.
AirTran Airways, one of America's largest low-fare airlines with 7,000 friendly, professional Crew Members, operates over 600 daily flights to 50 destinations. The airline's hub is at Hartsfield-Jackson Atlanta International Airport, where it is the second largest carrier. AirTran Airways recently added the fuel-efficient Boeing 737-700 aircraft to create America's youngest all-Boeing fleet. The airline is also the first carrier to install XM Satellite Radio on a commercial aircraft and the only airline with Business Class and XM Satellite Radio on every flight. For reservations or more information, visit http://www.airtran.com/ (America Online Keyword: AirTran).
Editor's note: Statements regarding the Company's operational and financial success, business model, expectation about future success, improved operational performance and our ability to maintain or improve our low costs are forward-looking statements and are not historical facts. Instead, they are estimates or projections involving numerous risks or uncertainties, including but not limited to, consumer demand and acceptance of services offered by the Company, the Company's ability to maintain current cost levels, fare levels and actions by competitors, regulatory matters and general economic conditions. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's SEC filings, including but not limited to the Company's annual report on Form 10-K for the year ended December 31, 2004. The Company disclaims any obligation or duty to update or correct any of its forward-looking statements.
Media Contact: Tad Hutcheson tad.hutcheson@airtran.com 678.254.7442 Financial: Arne Haak Judy Graham-Weaver 407.318.5187 judy.graham-weaver@airtran.com 678.254.7448
AirTran Airways
CONTACT: Tad Hutcheson, +1-678-254-7442, tad.hutcheson@airtran.com, orJudy Graham-Weaver, +1-678-254-7448, judy.graham-weaver@airtran.com, Financial- Arne Haak, +1-407-318-5187, all of AirTran Holdings, Inc.
Web site: http://www.airtran.com/
Source: PRNewswire-FirstCall
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