ATA seeks bankruptcy protection
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ATA Holdings Corp., the biggest airline at Midway Airport, sought bankruptcy protection Tuesday amid high fuel costs and losses, and agreed to transfer its Chicago operation and some other assets to AirTran Holdings for $87.
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In another sign of the troubles facing the nation&#39;s biggest airlines, US Airways filed Sunday for Chapter 11 bankruptcy protection for the second time since 2002.
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US Airways filed for bankruptcy protection yesterday for a second time after workers refused to grant $800 million in cuts it had sought to reduce its costs to the level of low-fare airlines.
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MAXJet Airways Inc , an  all-business class airline, has filed for Chapter 11 bankruptcy  protection from creditors after canceling all flights earlier  this week, according to court documents.
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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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Description: Less than two years after emerging from bankruptcy, US Airways once again seeks Chapter 11 protection from creditors.
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US Airways is seeking $800 million in concessions from employee unions as it attempts to avoid filing Chapter 11. The Air Line Pilots Association will present its proposal on the evening of
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Our position is: ATA was caught in forces that are pounding the entire airline industry. Indianapolis-based ATA Airlines, which declared bankruptcy Tuesday, was caught in a convergence of business forces that
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ATA Airlines has become the first major low-fare airline in the United States to seek Chapter 11 bankruptcy protection. The move, which came on Tuesday, immediately set off a bidding war for the company and its assets.
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Aloha Airlines becomes the latest US carrier to seek bankruptcy protection, citing escalating fuel costs and tough competition.
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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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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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Tempe -based America West Airlines confirmed its interest in acquiring ATA Airlines on Tuesday after ATA announced it has filed for bankruptcy protection and has agreed to sell some of its assets to AirTran Airways for $87.
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The federal government, banks and aircraft lenders are putting the clamps on airlines, particularly those operating under bankruptcy protection.
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The airline has requested use of the gates in a bid to the federal bankruptcy court of Indianapolis for certain ATA Airlines Inc. assets.
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United and US Airways -- in bankruptcy protection and Delta Air Lines creeping ever closer, passengers are increasingly worried about some fundamental issues
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Aloha Airlines, the Hawaii based airline, has become the latest US carrier to seek bankruptcy protection. Parent group Aloha Airgroup said escalating fuel costs, above average plane leasing rates and tough competition forced it into the move.