AirTran Puts Off Jet Purchases

godking
13 June 2008 2:14am

AirTran will defer delivery of 18 Boeing 737-700 aircraft. The planes, originally scheduled for delivery 2009 through 2011, will be delivered 2013 through 2014.

“As a result of continuing record-high fuel costs, we are reducing planned growth for September 2008 through at least 2009 from 10 percent to no more than flat. This transaction will accomplish a substantial portion of that plan,” said AirTran CEO Bob Fornaro.

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