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Mon, Jun 02, 2008

AirTran Defers 18 Boeing Deliveries

737-700s Bumped To 2013-2014

When it comes to the current economic crisis facing US airlines, one low-cost carrier apparently believes things will get worse before they get better. AirTran Airways announced Monday it will defer 18 Boeing 737-700 aircraft originally scheduled for delivery between 2009 through 2011 to 2013 through 2014.

"As we stated during our first quarter earnings call, 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 Bob Fornaro, AirTran Airways' President and CEO.

"We appreciate the support of Boeing in this action as a part of their commitment to our long-term success."

The airline currently operates 54 Boeing 737-700 series aircraft as well as 87 Boeing 717-200 aircraft, and touts America's youngest all-Boeing fleet.

FMI: www.airtran.com

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