Originally Posted by bbtp

not that i'm totally impressed with airtran management (some silly mis-speaks by the ceo during the last conf call), i've got to give them credit for finding a way to raise money and increase liquidity under the worst credit conditions in decades (not to mention the worst fuel cost conditions). had management failed to pull that off, airtran would be looking at bk rather than furloughs.

i laughed when i saw the stock/debt offering announced - i thought there was no way anyone would buy into that under today's environment, yet management pulled it off. i'd say there's a good argument that management earned every penny of their compensation.