Low-fare carrier Southwest Airlines Co (LUV.N) plans radical changes for AirTran, the company it acquired in May, chief executive Gary Kelly said on Monday. The Dallas-based airline, the world's largest in the low-cost sector, said it will also begin flights to and from Atlanta on Feb. 12, 2012, with 15 daily departures and five nonstop flights including one between Atlanta and Dallas' Love Field. "I think we are going to make some radical changes to the AirTran flight schedule. We can improve the schedule. I think we can improve the fares," Kelly told reporters after speaking at a meeting of the Metro Atlanta Chamber of Commerce. "I think we can improve the profitability and so absolutely you're going to see a different offering," he said.
Southwest Airlines Co. (Southwest) is a passenger airline that provides scheduled air transportation in the United States. Shares of LUV fell by 0.51% or $-0.04/share to $7.85. In the past year, the shares have traded as low as $7.88 and as high as $14.32. On average, 10019300 shares of LUV exchange hands on a given day and today's volume is recorded at 9591090.
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