July 1997, ValuJet, Inc., parent of ValuJet Airlines and
AirWays Corporation, parent of AirTran Airways, announced
that the two holding companies planned to merge by the end
of November 1997. The new holding company, to be renamed
AirTran Holdings, Inc., will operate two wholly owned
subsidiaries, AirTran Airlines and AirTran Airways.
carriers will initially serve 45 cities and operate a fleet
of 42 aircraft, comprising of 31 DC-9 aircraft and 11 737
aircraft with 227 peak daily departures. The airline expects
to increase its fleet size to more than 50 aircraft in 1998. AirTran will also continue to offer its FlightLink ground
service between Atlanta's Hartsfield International Airport
and Chattanooga, Tenn., as well as Macon and Dalton, Ga.