Southwest Airlines | Acquisition | 05-11 | $3.2bn | Transaction | Airfinance Journal

Southwest Airlines | Acquisition | 05-11 | $3.2bn

On May 2, 2011 Southwest Airlines acquired all of the outstanding equity of AirTran Holdings, Inc.the former parent company of AirTran Airways, Inc. in exchange for Southwest Airlines Co. common stock and cash.   The total transaction value is $3.2 billion including existing AirTran net indebtedness and capitalised aircraft operating leases.

 

 

 


Deal Categories

Regions:
North America
United States
Tagged as:
G8

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8