Sales down, but profit up for AirTran
For the AJC
AirTran Airways' financial results are benefiting from the discount carrier's low costs and laser focus on domestic routes where it believes it can make money.
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Its Orlando, Fla.-based parent company reported Wednesday a $10.4 million profit, or 8 cents a share, even though sales declined more than 11 percent. A year ago it reported a $94.6 million loss.
The July-September results mark AirTran's third quarter in a row of profit as most major U.S. carriers struggle amid weak overall demand for business and international travel.
Revenue fell to $597.4 million from $673.3 million a year ago.
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