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ATA May File For Chapter 11 Today  
User currently offlineKjet12 From United States of America, joined Mar 2001, 976 posts, RR: 6
Posted (11 years 7 months 1 week 4 days 8 hours ago) and read 3870 times:

Just read an article from USA Today that ATA may file for bankruptcy protection as early as today.


Good luck to ATA and their employees.


AA - Doing what we do best.
3 replies: All unread, jump to last
User currently offline7E72004 From United States of America, joined Mar 2004, 3587 posts, RR: 1
Reply 1, posted (11 years 7 months 1 week 4 days 8 hours ago) and read 3788 times:

Living in Indianapolis i could say that ATA's demise would be a sad day here; The thing that scares me is that if ATA was to be "picked apart" that AirTran or America west would not keep the IND routes. Although, maybe NW would be willing to pick up some of the ATA traffic; how nice it would be to see a NW plane at PIE!!  Big thumbs up

The next generation of aircraft is just around the corner!
User currently offlineInnocuousFox From United States of America, joined Dec 2003, 2805 posts, RR: 12
Reply 2, posted (11 years 7 months 1 week 4 days 8 hours ago) and read 3733 times:

I'm thinking of grabbing some AirTran stock (AAI) in anticipation of them grabbing the MDW gates. That would be a fantastic boon for them.

Dave Mark - Intrinsic Algorithm - Reducing the world to mathematical equations!
User currently offlineRage323machine From United States of America, joined Oct 2004, 80 posts, RR: 1
Reply 3, posted (11 years 7 months 1 week 4 days 7 hours ago) and read 3521 times:

Looks like we are beggining to see the consolidation of Airlines which was anticipated by airlines goers. Never did we think it would start in the LCC section but look its happening slowly but surely. I wish nothing but the best for ATA and thier employees. The people in IND and MDW looks like they are going to loose an airline. Good luck with Americawest and Airtran trying to take over assetts. I really think HP would be better of with ATA's assetts, but hey FL is aggresive I bet they can cause some damage also watch out for them too. Who ever aquires more assetts cpunt me in for some stock.

TZ thanks for all the free rides(sorry I had to non-rev)
Good luck guys!!

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