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So why have investors not bid up AirTran stock?

It is maddening since this is one of the better run airlines. I think the market may be reacting to the announcement by MidWest that they were going to listen to all offers, worrying about a bidding war. or it could be that gas reached a new high this week.

Whose own concern has been that the man mile capacity seems to have been growing faster than occupancy...
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