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$1.96 0.30 (18.07%)
10/10/2008 4:06 PM

AirTran Holdings, Inc. (AAI)

CAPS Rating:
**

All of the operations of the Company's are conducted by its wholly owned subsidiary, AirTran Airways, Inc. a low cost scheduled airlines in the United States. It operates scheduled airline service in short-haul markets in the eastern United States.

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1

Avatar EnochRoot (99.87) Submitted: 6/12/08 2:25 PM : Outperform Start Price: $2.67 AAI Score: 7.69

Huge capacity cuts are coming one way or another. In this basket trade I am fully expecting at least 2 90% losses, but believe they will be more than overcome from the upside to the survivors. If, as I suspect, oil and jet fuel spreads give up a moderate portion of their current levels, the upside is quite large for the whole basket of airlines and the 1 or 2 expected bankruptcies may actually be avoided.

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