![]() "The successful closing of this transaction is a significant accomplishment and marks a great day in the history of Southwest Airlines. (NYSE: AAI), the former parent company of AirTran Airways (AirTran). Southwest Airlines (NYSE: LUV) announced today that it has closed on its purchase of all of the outstanding common stock of AirTran Holdings, Inc. Southwest's Bob Jordan will serve as President of AirTran during integration.AirTran aircraft to be converted to Southwest brand starting in 2012.In the near term, Customers will continue to interact exclusively with their ticketed carrier.Airlines will operate separately until receipt of Single Operating Certificate."Gary is an intense competitor and we've battled against each other for decades, but he is also a really good person who is hard not to like," Parker posted on Instagram on Monday.- Airlines will operate separately until receipt of Single Operating Certificate - In the near term, Customers will continue to interact exclusively with their ticketed carrier - AirTran aircraft to be converted to Southwest brand starting in 2012 - Southwest's Bob Jordan will serve as President of AirTran during integration Last year, Southwest's outgoing CEO, Gary Kelly, recorded a tribute to his DFW-area rival for his retirement called " Friends in High Places," a parody of "Friends in Low Places" for a lifetime achievement award an industry group gave Parker. Just a few miles away from Southwest's Dallas headquarters, in Fort Worth, Texas, longtime American Airlines CEO Doug Parker, who first took the helm of an airline less than two weeks before 9/11, is stepping down at the end of next month, handing the keys over to Robert Isom, the company's president. Typical of the airline industry, Jordan, who has a bachelor's degree in computer science and an MBA from Texas A&M University, was a longtime executive promoted to succeed Kelly from within the airline's executive ranks, as boards typically value industry and company knowledge. Its shares are up 0.9% over the last 12 months, less than some of its closest competitors and far shy of the S&P 500 's more than 20% gain. It forecast a first-quarter loss as the omicron variant drove down bookings and sidelined crews, but profits for the rest of the year. Southwest posted its first profit of the pandemic without government help in the last quarter. "I hope he's going to be more of a people person than a number cruncher," she said. Lyn Montgomery, president of TWU Local 556, the flight attendants' union, described Jordan as "approachable" ![]() "We are cautiously optimistic that we'll see a change in the operation." ![]() "I've always had a lot of respect for Bob," said Casey Murray, president of the Southwest Airlines Pilots Association, which represents the company's more than 9,000 aviators. Both groups have complained about fatigue from grueling schedules and being steamrolled by pandemic policy changes. Management faces contract talks with unions that represent its pilots and flight attendants. Jordan has said the airline plans to hire 8,000 people this year, after 5,000 last year, partially the result of losing thousands of workers in the pandemic at the company's urging, in a bid to cut its labor bill. Southwest is already trying to address some of its problems, raising minimum wages to $17 from $15 an hour to try to staff up. ![]() The airline is planning to eventually ramp up to a fleet of around 1,000 jets. He estimated that Southwest can't fly between 35 and 40 of its roughly 730 Boeing 737 planes because it lacks sufficient staffing. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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