Southwest sets closing date on AirTran acquisitionSouthwest is still waiting for clearance from the U.S. Department of Justice for the deal
but said Thursday it expects to receive all regulatory approvals by May 2.
Southwest also announced that Bob Jordan, executive vice president of strategy and planning, will become president of the AirTran subsidiary once the deal closes. He'll oversee the operation as AirTran is folded into Southwest, a process that will take until 2013. Jordan will continue to be based in Dallas.