Product details

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Abstract

AirTran, which was started in Orlando in 1994, started reeling under losses after the Atlanta based low cost airways ''ValuJet'', acquired it in 1997. In 1998, it incurred losses of $41 million and failed to compete with traditional carriers like Delta and US Airways. By January 1999, the airline had only $10 million that could keep it afloat for a few weeks. However, under new management, AirTran saw significant growth and was named as the ''best lowfare airline'' in 2004 by the Entrepreneur magazine. This case highlights the revival strategies of AirTran airways between 1999 and 2004 under the leadership of its CEO, Joe Leonard.
Location:
Industry:
Other setting(s):
2004

About

Abstract

AirTran, which was started in Orlando in 1994, started reeling under losses after the Atlanta based low cost airways ''ValuJet'', acquired it in 1997. In 1998, it incurred losses of $41 million and failed to compete with traditional carriers like Delta and US Airways. By January 1999, the airline had only $10 million that could keep it afloat for a few weeks. However, under new management, AirTran saw significant growth and was named as the ''best lowfare airline'' in 2004 by the Entrepreneur magazine. This case highlights the revival strategies of AirTran airways between 1999 and 2004 under the leadership of its CEO, Joe Leonard.

Settings

Location:
Industry:
Other setting(s):
2004

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