Business as usual for ATA despite bankruptcy filing
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Although the future of ATA Airlines Inc. remains up in the air, planes still were landing Wednesday at the Quad-City International Airport and tickets still were selling, the airportâs aviation director said.
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OCTOBER 27, 2004 -- Indianapolis, Ind. -- ATA Airlines yesterday filed for bankruptcy protection, the first domestic, low-fare airline to go the way of several traditional air carriers.
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ATA Holdings Corp.&#39;s stock price surged 22 percent this morning then settled to an eight-percent gain on renewed speculation the troubled Indianapolis airline is discussing a merger with America West Airlines.
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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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America West Holdings Corp. (AWA.N: Quote, Profile, Research) on Thursday said it would not bid for assets of bankrupt carrier ATA Airlines, saying the value does not justify the cost.
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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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IMPERIAL, Pa. Some passengers express concern about US Airways&#39; latest bankruptcy filing, even though the airline vows to continue operating a normal schedule.
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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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Northwest Airlines Corp. has expanded its service in Indianapolis for the third time since July. The expansion, announced on Monday, was the first schedule increase since ATA Airlines, based in Indianapolis, filed for bankruptcy.
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NEW YORK, Sept 13  - The bankruptcy filing of US Airways highlights the still-fragile condition of the US aviation industry three years after the September 11 attacks, with more turbulence looming, analysts say.
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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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Southwest Airlines, the biggest and richest low-fare airline, was the apparent winner Thursday in the bidding war for ATA Airlines, another low-fare carrier that sought bankruptcy protection this autumn.
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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 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.
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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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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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America West Airlines is in talks to buy all or part of ATA Holdings Corp., parent of ATA Airlines, the Wall Street Journal reported Wednesday night on its Web site.