Southwest wins battle for ATA assets
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Southwest Airlines emerged on Wednesday as the victor in the battle for the assets of ATA, the bankrupt low-cost carrier, beating a rival offer from AirTran and underscoring its
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ATA Holdings Corp. ATAH.O, parent of  struggling low-cost carrier ATA Airlines, on Tuesday filed for  Chapter 11 bankruptcy protection as falling fares and soaring  fuel prices drained it of cash.
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ATA Airlines is laying off 156 employees. Company spokeswoman Erica Keane isn&#39;t commenting on reports that the Indianapolis-based ATA is trying to sell all or part of its holdings.
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CLEARWATER - The parent company of ATA Airlines, the busiest carrier at St. Petersburg-Clearwater International Airport, filed for bankruptcy protection Tuesday and agreed to sell assets that eventually will benefit service at Tampa International Airport.
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America West Airlines said Thursday it won&#39;t try to acquire ATA Airlines out of bankruptcy. ATA, which filed Chapter 11 on Oct. 26, has a tentative deal to sell its gates and routes at Midway
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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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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.
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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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America West Holdings Corp., parent of America West Airlines Inc., on Thursday said it does not plan to submit a bid to acquire bankrupt ATA Holdings Corp.
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DALLAS - Southwest Airlines Co. says it is bidding at least $100 million for gates at Chicago&#39;s Midway Airport and other assets of ATA Airlines Inc.
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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 Holdings Corp. (ATAH), parent of struggling low-cost carrier ATA Airlines, on Tuesday filed for Chapter 11 bankruptcy protection as falling fares and soaring fuel prices drained it of cash.
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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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ATA Holdings Corp., parent of ATA Airlines, the nation's 10th-largest carrier, filed for Chapter 11 bankruptcy reorganization yesterday, becoming the third U.S. airline operating under court protection.
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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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ATA Holdings Corp.&#39;s stock price surged Thursday on renewed reports the Indianapolis airline and America West Airlines are in merger talks.