Southwest Bid for Assets of ATA Air Wins the Day
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What Southwest Airlines wants, Southwest gets, assuming that a federal bankruptcy judge goes along. Southwest, the biggest and richest low-fare airline, won a weeklong bidding war yesterday
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As Delta Air Lines (nyse: DAL - news - people ) agonizes over whether to seek the shelter of Chapter 11, ATA Holdings (nasdaq: ATAH - news - people ) beat them to the punch.
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America West Airlines backed away Thursday from a potential bidding war for bankrupt ATA Airlines, paving the way for AirTran to take over ATA operations.
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South Bend, IN - Amid rising fuel costs and fare wars, Indiana-based airline ATA has filed for bankruptcy. Many now are wondering how that decision, announced just yesterday, will affect the future of South Bend Regional Airport.
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A federal bankruptcy court judge on Tuesday approved a $117 million bid from Southwest Airlines (LUV.N: Quote, Profile, Research) for assets of ATA Holdings Corp.
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America West Airlines is in talks to buy all or part of ATA Holdings Corp., parent of ATA Airlines, the Wall Street Journal reported Wednesday night on its Web site.
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ATA Airlines Inc.&#39;s future will fall to one of three bidders Friday while a fourth contender, America West Airlines canceled its buyout interest Thursday.
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Business & money: Â· Airport group puts its faith in City big-hitter Â· Spanish parent firm bows to demand for autonomy
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DECEMBER 10, 2004 -- Southwest Airlines this morning said it will submit a bid to the federal bankruptcy court in Indianapolis today for certain assets of bankrupt ATA Airlines.
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The union representing pilots at ATA  Holdings Corp. has approved a tentative agreement on wage cuts  that may win up to $6 million in immediate savings for bankrupt  ATA Airlines, a union spokesman said on Thursday.
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America West Holdings Corp.  on Thursday said it would not bid for assets of bankrupt carrier ATA Airlines, saying the value does not justify the cost.
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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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INDIANAPOLIS -- ATA says it will honor all tickets and maintain its full schedule, after filing for Chapter 11 bankruptcy Tuesday.
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ATA Airlines yesterday became the first major low-fare airline to seek Chapter 11 bankruptcy protection, a move that immediately set off a bidding war for the company and its assets.
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INDIANAPOLIS ATA Holdings Corporation has accepted Southwest Airline&#39;s 117 (m) million-dollar bid for its operations at Chicago&#39;s Midway International Airport.
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America West Airlines said Thursday it will not bid for bankrupt low-cost flier ATA Airlines, a decision that makes the hometown carrier&#39;s biggest rival, Southwest Airlines, and AirTran
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The bidding war for bankrupt ATA Airlines&#39; assets heated up on Friday when Southwest Airlines offered at least $100 million in cash and loans for gates at Chicago&#39;s Midway Airport and an alliance with ATA, its main rival there.