AirTran expects FY2009 profit; JetBlue upgraded by Moody's

AirTran’s shares fell 2.4% yesterday, despite expectations that the carrier will post an adjusted profit in 4Q2009, to be one of only a few of the major airlines to be profitable in the period and in every quarter in 2009. The carrier, in Dec-2009, stated it was expecting a record profit in 2009.

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