ATA sees Southwest as a savior
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ATA Airlines founder J. George Mikelsons was driving to Chicago from Indianapolis when the life-saving phone call came through for his troubled airline.
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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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Temporary layoffs announced by ATA Airlines, a carrier with very little cash in a tough operating environment, will not save the airline from bankruptcy or liquidation, analysts said on Friday.
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INDIANAPOLIS - ATA Airlines has accepted a $117 million offer from Southwest Airlines that would forge close ties between two of the largest US discount carriers.
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ATA Airlines accepted Southwest Airlines&#39; offer to buy six of ATA&#39;s 14 gates at Chicago Midway, an attorney for rival bidder AirTran Airways said late Wednesday night.
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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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I was traveling on Southwest Airlines a couple of days ago.  It  was kind of weird.  Seemingly, they have implemented a new corporate  policy.
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INDIANAPOLIS -- ATA Airlines has become the latest US airline tripped up by rising fuel prices and fare wares. ATA, the nation&#39;s 10th-largest airline, filed for bankruptcy protection Tuesday.
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Discount airline ATA, which launched service between Chicago and Fort Wayne International Airport on June 1, will discontinue that service Jan. 15, according to flight schedules posted on its Web site.
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Southwest Airlines said on Friday it will bid at least USD$100 million for assets of bankrupt ATA Airlines, including taking over six of ATA&#39;s 14 gates at Chicago&#39;s Midway Airport and selling tickets on some of each other&#39;s flights.
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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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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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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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DALLAS -- Never afraid to spurn conventional wisdom, Southwest Airlines is doing it again.
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Problems abound for air travel. But there is hope.
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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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If the airline acquires some ATA assets, Wichita Mid-Continent could see expanded AirTran service, especially to Chicago. BY PHYLLIS JACOBS GRIEKSPOOR.