CFO: AirTran to report 2008 loss, bounce back in 2009

11/19/2008 | Travel Weekly

AirTran CFO Arne Haak said Tuesday the carrier is on track to report its first annual loss since 1999. But Haak said the airline -- like the industry as a whole -- is poised to rebound quickly as recent capacity cuts begin to boost the bottom line. AirTran also expects to earn $30 million from seat-selection fees and another $50 million to $100 million in fees for checked luggage. "That's real revenue folks, and it's something you have to consider in unbundling your product," Haak said at the Imperial Capital Global Opportunities Conference in New York.

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