AirTran Holdings Inc., parent of AirTran Airways Inc., reported a net loss of $4.6 million, or 5 cents per share, for the first quarter of 2006.
AirTran officially attributed the loss in part to the shift of the Easter holiday from March to April, as well as increased fuel costs. Air Tran's unit operating costs increased 9.3 percent due largely to the 63 percent increase in the cost of fuel year-over-year.
Looks like AirTran should of "fuel hedged"..
Edited for spelling.
[Edited 2006-04-27 18:10:56]