AirTran Holdings Inc., parent of AirTran Airways, has reported that its second quarter net profit grew to $41.5 million or 41 cents per share, primarily because of growing numbers of passengers. Earnings results were up 29.9 percent compared with net income of $32 million, or 32 cents per share, for the second quarter of 2006.The Orlando, Fla.-based company, which is seeking a hostile takeover of Oak Creek-based Midwest Air Group Inc., said it served a record 6.3 million passengers during the quarter and set a load factor record of 78.8 percent. The airline reported revenue of $614.1 million, up 16.3 percent from the $528.2 million recorded in the same period last year.http://biz.yahoo.com/bizj/070726/1496912.html?.v=1AirTran Airways announced that it will be adding seasonal nonstop service between Lambert-St. Louis International Airport in St. Louis, Mo., and Sarasota Bradenton International Airport in Sarasota, Fla. The new daily flight from the Gateway City to Sarasota/Bradenton will begin November 15, 2007.http://biz.yahoo.com/prnews/070730/nym039.html?.v=90Midwest Air Group Inc.'s second-quarter profits fell 44.6 percent despite rising revenue and passenger traffic. The Oak Creek-based operator of Midwest Airlines reported net income of $4.9 million, or 19 cents per share, compared with $8.8 million, or 39 cents per share, for the same period a year ago. Revenue increased to $194.5 million, up 10 percent from $176.9 million. Analysts polled by Thomson First Call expected the airline to report 36 cents per share, on average. Midwest Air management said the cost of fending off a hostile takeover attempt by Orlando, Fla.-based AirTran Holdings Inc. cut into earnings by $2.9 million, or 11 cents per share. Operating expenses, including fuel costs, increased because of the ramping up of the airline's capacity expansion plans and passengers taking longer trips.http://biz.yahoo.com/bizj/070726/1496913.html?.v=3FuskieWhose message to Midwest's board is: if you can't beat 'em, join em...
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