AirTran still expects record 2009 profit

AP News
Posted: Dec 09, 2009 2:53 PM

AirTran Airways is saying again that it expects to post record profit this year as some of its bigger rivals have continued to lose money.

Chief Financial Officer Arne Haak told an investors conference in New York on Wednesday that the discount carrier has been helped by its low-cost structure and strong growth in ancillary revenues, which include fees for things like checked bags and other services.

Haak said AirTran is expected to grow capacity by 3 percent to 4 percent in 2010 and 2 percent to 3 percent in 2011. Capacity is measured by available seats times miles flown.

AirTran won't take delivery of any more airplanes until 2011.

AirTran, whose parent company is based in Orlando, Fla., has its hub in Atlanta.