Laker Airways goes out of business, crashes of British European Airlines and Birgenair flights, FedEx closes a hub for the first time, the Airline Deregulation Act is introduced and more...
AirTran Airways announced that its shareholders approved its $1.4 billion sale to Southwest Airlines, with more than 98.6 percent of the votes cast and 77.5 percent of shares outstanding were voted in favor of the transaction.