The ComVest Group has invested $20.3 million in AirTran Holdings (NYSE: AAI), a leading low fare airline headquartered in Orlando, Florida. The investment was made in the form of a $3.5 million Convertible Term Note and $16.8 million in Common Equity. AirTran is one of the largest airlines in the United States in terms of departures and seats offered. The Company operates 87 Boeing B717s and 50 Boeing B737 aircraft offering approximately 700 scheduled flights per day to 55 locations within the United States.