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ATA Posts Operating Profit And Net Loss  
User currently offlineALSF 2 From United States of America, joined Apr 2002, 89 posts, RR: 1
Posted (13 years 1 month 5 days 12 hours ago) and read 3673 times:

Here is it.


It's good to see ATA is turning things around... almost out of the woods!


4 replies: All unread, jump to last
User currently offlineWMUPilot From United States of America, joined Jan 2003, 1473 posts, RR: 11
Reply 1, posted (13 years 1 month 5 days 10 hours ago) and read 3633 times:

Yup....don't count us out of the picture yet. Hopefully with some of the passenger loads that i've been seeing recently we can post an operational and net profit!

JetBlue - Bringing humanity back to air travel
User currently offlineLaxintl From United States of America, joined May 2000, 29181 posts, RR: 50
Reply 2, posted (13 years 1 month 5 days 8 hours ago) and read 3595 times:

While ATA might be able to generate a operating profit, the company does have a high debt burden with some very large payments due in 2003. The ability to get relief, or reschedule some of this debt is a large factors in the companies future.

From the desert to the sea, to all of Southern California
User currently offlineOuboy79 From United States of America, joined Nov 2001, 4676 posts, RR: 21
Reply 3, posted (13 years 1 month 5 days 5 hours ago) and read 3563 times:

What you people don't realize is that most of the loses come from writing off older equipment. When you dig deep down in the books, they are not hurting what so ever. Of course the only people that know that are those whom have seen the company books opened up completely - namely union reps. Hint.

User currently offlineGnomon From , joined Dec 1969, posts, RR:
Reply 4, posted (13 years 1 month 4 days 5 hours ago) and read 3506 times:

Laxintl --

Do you have confidence that ATA will be able to reschedule the debt payments coming up -- or at least get some relief from them?

I didn't know ATA was so heavily indebted until they got put on CreditWatch a couple of weeks ago.

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