Here is the way I see AirTran now:ProsThey are currently profitable and they are upbeat about the way holiday bookings look. Also, the legacy carriers just raised round-trip fares and AAI may be able to follow that raise, which would give a nice bump up to earnings in the current quarter. They are fairly well hedged with regards to fuel prices. They are managing conservatively to stay profitable.ConsThe economy remains weak and fuel prices are again spiking on pure speculation, with no connection to law of supply and demand. Maintenance costs and airport proposed higher landing and takeoff fees are a problem.My thought is that if they can remain profitable until the economy clearly turns upward, a return to a share price of at least $7 within the next 6 months is very likely. Any thoughts?
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