Southwest-AirTran Deal Complete

05/02/2011 05:23 pm 17:23:45 | Updated Jul 02, 2011

The little airline that could has finally done it: Southwest Airlines has completed its purchase of AirTran.

Talks began in 2010 for Southwest to purchase Atlanta-based AirTran.

Southwest's passenger traffic will increase by 25%, the Associated Press reports. The newly-minted airline will gain AirTran's hub in Atlanta, the world's busiest airport, as well as Washington's Reagan and New York's LaGuardia.

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