ATA Airlines enters receivership
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ATA Airlines parent ATA Holdings Corp. filed for protection from creditors under Chapter 11 of federal bankruptcy law late Tuesday, and two other airlines immediately showed interest in ATA assets.
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AirTran Holdings Inc. (AAI.N: Quote, Profile, Research) , parent of AirTran Airways, on Tuesday said it has agreed to pay $87.5 million for certain gates and slots of bankrupt ATA
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AirTran Airways said Tuesday it will pay nearly $90 million to take over operations at all 14 of bankrupt ATA&#39;s gates at Chicago&#39;s Midway airport.
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A federal bankruptcy court judge on Tuesday approved a &#36;117 million bid from Southwest Airlines  for assets of ATA Holdings Corp. , clearing the way for a deal that allows the airlines to sell tickets on some of each other's flights.
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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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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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Key to bankruptcy filing is ATAâs plan to sell most of its Chicago Midway operations to AirTran. By Linda Lipp. After months of speculation, ATA Holdings, parent of ATA Airlines, filed for Chapter 11 bankruptcy protection Tuesday.
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ATA Airlines, which accounts for about two-thirds of Chicago Midway Airport&#39;s traffic, filed for Chapter 11 bankruptcy reorganization Tuesday.
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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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Southwest Airlines Co. has offered to take nearly complete control of ATA Airlines Inc., a step that would foil ATA's plan to emerge from bankruptcy protection as a smaller carrier, according to a published report.
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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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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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The bidding war between AirTran Airways and Southwest Airlines over bankrupt ATA&#39;s Midway business continued Tuesday, revealing a new, competitive world for low-cost carriers.
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ATA is the nation&#39;s tenth-largest airline and one of the major airlines flying out of Midway Airport. ATA operates 14 gates at Midway Airport and draws 39 percent of the airport&#39;s passenger traffic.
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INDIANAPOLIS -- A federal judge yesterday rejected a Boston investor's bid for ATA Airlines Inc.'s Chicago Express regional carrier as part of the airline's bankruptcy reorganization.
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Shares of ATA Holdings Corp., (ATAH.O: Quote, Profile, Research) parent of discount airline ATA, rose as much as 22 percent on Thursday after a Wall Street Journal
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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.