ATA still flying

Tuesday, 28 Oct, 2004 0

Despite bankruptcy, ATA Airlines says it will keep flying and will honor all tickets.

ATA this week became the first major low-fare airline to seek Chapter 11 bankruptcy protection, setting of a bidding war for the company and its assets, according to wire services.

ATA CEO George Mikelsons said the airline will be retooled into a “refocused, streamlined and profitable airline.”

The airline is now operating on cash from ticket sales and government-backed loans.

ATA has apparently agreed to sell gates and slots at Midway in Chicago, LaGuardia in New York and Reagan National Airport in Washington to AirTran, according to a report in The New York Times. America West is also reported to be bidding for ATA slots.

ATA has 343 daily flights to more than 40 cities.

Report by David Wilkening



 

profileimage

David



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...