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Airtran's profits were all from bag fees. Hardly anything to be proud of.
Airtran's profits were all from bag fees. Hardly anything to be proud of.
Your point?Southwest paid off 2 billion in AT debt when they bought them.
Your point?
Every company has debt.
Have you ever sold/bought a house?
Think about that transaction.
Not really a point to be made. I'm just painting a truer picture of Airtran's financial state before the aquisitiuon. It was in their best interest to be bought. It remains to be seen if it was in Southwest's best interest to buy them.