Low-cost carriers aim for ATA&#39;s gates
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Ailing ATA Airlines&#39; (ATAH) rivals are gearing up for a possible fight over its most coveted asset: its stronghold at Chicago Midway Airport.
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Major airlines can&#39;t make their low-cost competitors disappear into thin air, but they can fly away from them, which they are planning to do, to overseas routes where bargain-basement carriers don&#39;t go.
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Indianapolis, Dec. 16 - Southwest Airlines says ATA Airlines had accepted its bid for the bankrupt carriers&#39; operations at Chicago&#39;s Midway airport.
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Seven big US airlines have signed up to sell tickets through a new low-cost electronic distribution network. The announcement Wednesday of the network, Trueconnect, is the latest in the big airlines&#39; assault on high ticketing costs.
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Although the future of ATA Airlines Inc. remains up in the air, planes still were landing Wednesday at the Quad-City International Airport and tickets still were selling, the airportâs aviation director said.
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DALLAS Southwest Airlines says it&#39;s bidding at least 100 (M) million dollars for gates at Chicago&#39;s Midway Airport and other assets of ATA Airlines.
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America West Airlines officials say they want to help pick up the pieces as low-cost carrier ATA goes through bankruptcy reorganization.
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ATA Holdings Corp. and its creditors selected a $117 million bid from Southwest Airlines for six of ATA&#39;s 14 gates at Chicago&#39;s Midway Airport, in a deal that will allow
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SAN FRANCISCO (CBS.MW) -- ATA Holdings, the bankrupt parent of ATA Airlines, took a key step Thursday toward salvaging more of its struggling operations.
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The airline is offering the buyouts in an effort to cut costs as the discount carrier heads into a period of expected slower growth.
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The industry faces upheaval as finances worsen and low-cost carriers gain ground.
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Major U.S. airlines, facing intense  competition from low-cost carriers within the United States,  are shifting their focus to international routes as they search  for ways to drum up profits.
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Southwest Airlines said on Friday it will bid at least USD$100 million for assets of bankrupt ATA Airlines, including taking over six of ATA&#39;s 14 gates at Chicago&#39;s Midway Airport and selling tickets on some of each other&#39;s flights.
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Hello, user fees. The air traffic control system needs an upgrade.
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Toppled by the rise of discount airlines, the average airfare paid by the nation&#39;s business travelers has fallen to what may be the lowest point ever.
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ATA Airlines Inc.&#39;s cash crunch has worsened since August, the Indianapolis carrier&#39;s owner warned investors today, raising concerns among analysts that a bankruptcy protection filing may be near.
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Southwest Airlines has offered more than $100 million for part of ATA&#39;s operations at Chicago&#39;s Midway Airport. If successful, it could torpedo AirTran Airway&#39;s efforts to create a hub there.