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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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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Low-fare airline ATA has announced plans to lay off hundreds of employees and to drop most of its flights out of Midway Airport in Chicago.
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INDIANAPOLIS ATA Airlines is denying reports that it wants to sell its gates at Chicago&#39;s Midway Airport. The Indianapolis-based airline released a brief statement from chairman J-George Mikelsons, saying
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ATA Airlines&#39; 1,100 pilots could start to vote as early as today on $6 million in temporary concessions sought by the bankrupt Indianapolis carrier to cut expenses as it scales back operations at its Chicago Midway hub.
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Northwest, Continental, and Delta have a frequent flyer alliance. Too bad they're so stingy with their rewards.
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While the entire airline industry&#39;s finances are under water, ATA Airlines will have to hold its breath longer than its competitors to keep from going belly up.
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AirTran and Southwest emerged Thursday as the leading airline bidders for valuable gates at Chicago&#39;s Midway Airport, where troubled discounter ATA is selling assets for cash.
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Northwest Airlines plans to expand in Indianapolis, a move that will knock ATA from its No. 1 spot on its home turf by offering more flights than the bankrupt carrier.
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The small band of companies looking to bring mobile telephony to aircraft cabins received a boost this week when the first airlines from two of the world&#39;s fastest growing air travel markets signalled their intent to test the technology.
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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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Indianapolis, Oct. 27 - As American Trans Airline announced plans to reorganize, travelers leaving on ATA flights wondered what it all meant for them.
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AirTran Airways has agreed to retain 3,200 Chicago-based employees when it acquires bankrupt ATA Airlines&#39; local assets, Mayor Daley said Friday, paving the way for City Hall to approve the transfer of ATA&#39;s 14 gates at Midway Airport.
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America West Airlines has been trumped - for now, at least - in its efforts to buy struggling low-cost airline ATA. ATA, which has a handful of flights from Phoenix to the Midwest and Hawaii, said Tuesday that AirTran Airways Inc.
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Ryanair, Europe's largest low-cost airline, might introduce in-flight gaming.
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OCTOBER 27, 2004 -- Indianapolis, Ind. -- ATA Airlines yesterday filed for bankruptcy protection, the first domestic, low-fare airline to go the way of several traditional air carriers.
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ATA Airlines accepted Southwest Airlines&#39; offer to buy six of ATA&#39;s 14 gates at Chicago Midway, an attorney for rival bidder AirTran Airways said late Wednesday night.