AirTran Stockholders Approve Southwest Merger

by  Molly Fergus | Mar 23, 2011
AirTran plane
AirTran plane / rypson/iStock

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AirTran stockholders gave the carrier’s merger with Southwest the official stamp of approval today, voting 98.6 percent in favor of the $1.4 billion dollar cash-and-stock deal that the two budget carriers announced in September.

For now, don’t expect any major changes. The two carriers will keep operating individually until the Department of Justice clears the deal, which is expected by June. Then, Southwest will fully swallow AirTran, opening up the chance for its first international routes (to Mexico and the Caribbean), expanded service at Atlanta’s Hartsfield-Jackson International Airport, and a larger presence in New York City and Boston.

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