Possible ATA Bankruptcy Threatens Chicago&#39;s Midway Airport
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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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If the airline acquires some ATA assets, Wichita Mid-Continent could see expanded AirTran service, especially to Chicago. BY PHYLLIS JACOBS GRIEKSPOOR.
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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 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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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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America West Airlines has been trumped - for now, at least - in its efforts to buy struggling low-cost airline ATA. ATA, which has a handful of flights from Phoenix to the Midwest and Hawaii, said Tuesday that AirTran Airways Inc.
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INDIANAPOLIS -- ATA says it will honor all tickets and maintain its full schedule, after filing for Chapter 11 bankruptcy Tuesday.
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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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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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DALLAS The chief executive of Southwest Airlines says the carrier will expand service at Chicago Midway Airport -- where it competes with ATA Airlines.
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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.
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Low-fare airline ATA has announced plans to lay off hundreds of employees and to drop most of its flights out of Midway Airport in Chicago.
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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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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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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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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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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.