For ATA, it all boils down to cash
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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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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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ATA Airlines, the nation&#39;s 10th-largest, filed for bankruptcy protection yesterday, becoming the latest US carrier tripped up by rising fuel costs and fare wars.
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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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Chicago and its business community may take a harder hit from Tuesdayâs bankruptcy filing by ATA Holdings Corp. than the troubled airlineâs hometown of Indianapolis, a court document shows.
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With ATA Airlines having crash-landed into bankruptcy court last week, the future of the airlineâs Fort Wayne-to-Chicago air service isnât the only thing up in the air.
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Indianapolis-based ATA Airlines filed for bankruptcy protection today. The airline has one of its major hubs at Chicago&#39;s Midway Airport.
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ATA Airlines yesterday became the first major low-fare airline to seek Chapter 11 bankruptcy protection, a move that immediately set off a bidding war for the company and its assets.
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ATA Airlines isn&#39;t commenting on reports that the Indianapolis-based carrier is trying to sell its holdings. Reports surfaced citing unnamed sources that ATA is in merger talks with Tempe
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These diversified manufacturers have a variety of ways to turn products into cash.
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Low-cost airline said it will bid at least $100 million for assets of bankrupt ATA Airlines. NEW YORK  - Southwest Airlines said Friday it will bid at least $100 million for certain assets of bankrupt
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ATA Airlines Inc. put a piece of its turnaround package in place Friday when a large majority of flight attendants accepted $24 million in concessions to help keep the financially ailing Indianapolis carrier flying.
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The story for bankrupt air carrier United Airlines (OTC BB: UALAQ) is a simple one: It doesn&#39;t have enough cash on hand to take care of all of its obligations.
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ATA&#39;s parent corporation has appointed a chief restructuring officer amid heightened speculation that the nation&#39;s 10th-largest airline might be nearing bankruptcy.
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The board of ATA Holdings Corp.(ATAH.O: Quote, Profile, Research) , parent of low-cost air carrier ATA Airlines, has approved payments to key executives and employees who stay with the company after its bankruptcy filing
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A little cash today can prevent a major financial headache later.
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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.