Midway losing ATA to bankruptcy
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Tribune staff reporters Geoff Daugherty, Susan Chandler and Gary Washburn contributed to this story. Its financial situation steadily deteriorating, the parent of ATA
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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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The union representing pilots at ATA Holdings has approved a tentative agreement on wage cuts that may win up to USD$6 million in immediate savings for bankrupt ATA Airlines, a union spokesman said on Thursday.
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Tempe-based America West Airlines confirmed today it was interested in buying all or part of struggling low-cost airline ATA, but for now it appears to have lost out to another airline.
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ATA Airlines Inc., the 10th-largest airline in the United States, filed for bankruptcy protection Tuesday - the latest US carrier brought low by rising fuel costs and fare wars.
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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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INDIANAPOLIS - ATA Airlines announced temporary layoffs Thursday throughout its system amid speculation that the struggling airline was in merger talks.
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Southwest Airlines, the biggest and richest low-fare airline, was the apparent winner Thursday in the bidding war for ATA Airlines, another low-fare carrier that sought bankruptcy protection this autumn.
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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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ATA Holdings Corp., parent of struggling low-cost carrier ATA Airlines, said Monday it filed for Chapter 11 bankruptcy protection.
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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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INDIANAPOLIS -- ATA says it will honor all tickets and maintain its full schedule, after filing for Chapter 11 bankruptcy Tuesday.
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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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Southwest Airlines (LUV:NYSE - news - research) Friday said it will offer more than $100 for certain assets of ATA Holdings&#39; (ATAHQ:Nasdaq - news - research)ATA Airlines in a forthcoming bankruptcy court auction.
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Bankrupt ATA Airlines&#39; withdrawal from Chicago&#39;s Midway International Airport presents a juicy opportunity for another airline to beef up service in the Midwest
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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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Southwest Airlines plans to step up operations at Chicago Midway Airport due to the bankruptcy of low-cost rival ATA Airlines and may also bid on some of the troubled carrier&#39;s assets, said the Southwest Chief Executive Gary