![]() ![]() ![]() See Note 3 for further information on fuel and the Company's hedging program. These and other factors, such as the price of jet fuel in some periods, the nature of the Company's fuel hedging program, the periodic volatility of commodities used by the Company for hedging jet fuel, and the requirements related to hedge accounting, have created, and may continue to create, significant volatility in the Company's financial results. Air travel is also significantly impacted by general economic conditions, the amount of disposable income available to consumers, unemployment levels, corporate travel budgets, and other factors beyond the Company's control. In many years, the Company's revenues, as well as its operating income and net income, have been better in its second and third fiscal quarters than in its first and fourth fiscal quarters. ![]() Financial results for the Company and airlines in general can be seasonal in nature. This includes all normal and recurring adjustments and elimination of significant intercompany transactions. The unaudited Condensed Consolidated Financial Statements for the interim periods ended March 31, 20 include all adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the interim periods. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles in the United States (“GAAP”) for complete financial statements. The accompanying unaudited Condensed Consolidated Financial Statements of the Company and its subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. AirTran's final passenger service was on December 28, 2014. Throughout this Form 10-Q, the Company makes reference to AirTran, which is meant to be inclusive of the following: (i) for periods prior to the acquisition date, AirTran Holdings and its subsidiaries, including, among others, AirTran Airways and (ii) for periods on and after the acquisition date, AirTran Holdings, LLC, the successor to AirTran Holdings, and its subsidiaries, including among others, AirTran Airways. (“AirTran Holdings”), the former parent company of AirTran Airways. On May 2, 2011 (the “acquisition date”), the Company acquired all of the outstanding equity of AirTran Holdings, Inc. The unaudited Condensed Consolidated Financial Statements include accounts of the Company and its wholly owned subsidiaries, which include AirTran Holdings, LLC, the parent company of AirTran Airways, Inc. (the “Company”) operates Southwest Airlines, a major passenger airline that provides scheduled air transportation in the United States and near-international markets. Been a few times this year becoming our favorite.Southwest Airlines Co. Taco Tuesday only a buck each got 3 Birria be da Tender Juicy Goat Meat YUM, a exciting dish of Shrimps n Octopus in a red sauce tasted like Michilada with kickers surrounded by Cukes, Mater n Onion eat by placing pieces on a Saltine Cracker so unique I finished it all. Yeah finished that bottle off smoothly excitable TEQUILA a must try when in the Barrio of SW DETROIT. Holla what a fantastic spread for lunch today,, had a Groupon to start with SW Detroit Famous Cabresto Tequila blended in a clay cup with a fruit flavor kicker. Super great prices, fast friendly service Goin back soon for the Posole n Breakfast goods serve all day long. We had many more dishes and leftover for home. OMG waitress say very hot wet sauce, I say bring it this Gringo can handle the heat, oh yeah at the high end of me heat level, so enjoyed it. Torta Ahogada loaded with Carnitas be Pork. Dos Taco Birria be Goat meat WOW tender juicy n the Big Wet one. Alambres mixed Steak n Pork Poblano Peppers, Onions, Tomato n Cheeses. Got many outrageous delicious authentic Mexican foods. We just had to celebrate the 15th year in business. Oh what a fantastic Taco Tuesday in the Barrio I grew up in SW DETROIT. ![]()
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