Southwest Airlines to purchase Airtran for $1.4B

Southwest Airlines tactics to buy Airtran for $1.4 billion, in the newest sign of industry consolidation.

The Southwest-Airtran operation will function from more than 100 different airports and provide more than 100 million customers.

Under the new arrangement Southwest Airlines will get more revelation to obtainable markets like New York and Boston and can acquire into smaller markets it doesn't already serve.