Southwest Airlines Says it Intends to Close on AirTran Acquisition May 2, 2011

Southwest Airlines (NYSE: LUV) said today it intends to close on its transaction to acquire AirTran Holdings, Inc. (NYSE: AAI), on May 2, 2011. Upon close, Southwest also said it anticipates that Bob Jordan, Southwest's Executive Vice President Strategy and Planning, will be appointed as President of AirTran Airways to help guide AirTran through its integration with Southwest.