ORLANDO, Fla. AP – AirTran Holdings Inc., which operates low-fare air carrier AirTran Airways, said Friday it lost $3.3 million in the fourth quarter and its CEO vowed to press on with his effort to acquire the parent of Midwest Airlines despite being rebuffed twice.
For the quarter, the Orlando-based AirTran’s loss amounted to 4 cents per share, versus a profit of $369,000, or break-even on a per share basis, during the same period last year. Profits in November and December failed to offset losses in October, said Bob Fornaro, president and chief operating officer.
