ATA Is Latest Airline to File For Protection
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ATA Holdings Corp., parent of ATA Airlines, the nation&#39;s 10th-largest carrier, filed for Chapter 11 bankruptcy reorganization yesterday, becoming the third US airline operating under court protection.
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Southwest Airlines was the apparent winner today in the bidding war for ATA Airlines, a low-fare carrier that sought Chapter 11 protection this fall.
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Blaming excess capacity, extremely high fuel prices, which and descending fares, ATA Holdings Corp., parent of discount airline carrier ATA Airlines, said it has filed for bankruptcy.
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NOVEMBER 17, 2004 -- Pittsburgh, Pa. -- The largest union representing flight attendants yesterday threatened strikes against airlines that seek to abrogate contracts through bankruptcy proceedings.
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INDIANAPOLIS, Nov. 16 /PRNewswire-FirstCall/ -- ATA Holdings Corp. , announced today that the Company and its principal subsidiary, ATA Airlines, Inc.
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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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HONOLULU -- The parent company of Aloha Airlines filed for Chapter 11 bankruptcy protection, joining four other U.S. air carriers seeking to restructure under court protection.
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As US Airways confronts the possibility of a second bankruptcy protection filing, the Arlington-based carrier has a new offer for the unions representing its pilots and flight attendants.
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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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Electronic Data Systems Corp., which lost business when customer US Airways Group Inc. filed for bankruptcy protection the first time, says the carrier&#39;s latest filing also will hurt.
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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 Inc. - the discount carrier credited with reviving competition and boosting passenger numbers at Abraham Lincoln Capital Airport - filed for bankruptcy Tuesday.
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Flight attendants at struggling low-cost carrier ATA Airlines (ATAH.O: Quote, Profile, Research) on Monday said they approved a contract that would save the airline $24 million over the next two years.
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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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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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INDIANAPOLIS -- ATA says it will honor all tickets and maintain its full schedule, after filing for Chapter 11 bankruptcy Tuesday.
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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