ATA seeks bankruptcy protection
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ATA Holdings Corp., the biggest airline at Midway Airport, sought bankruptcy protection Tuesday amid high fuel costs and losses, and agreed to transfer its Chicago operation and some other assets to AirTran Holdings for $87.
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Chicago and its business community may take a harder hit from Tuesdayâs bankruptcy filing by ATA Holdings Corp. than the troubled airlineâs hometown of Indianapolis, a court document shows.
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ALEXANDRIA, Va.  - US Airways Group Inc. UAIR.O,  squeezed severely by low-cost rivals and soaring fuel prices  and failing in its drive for new labor concessions, filed for  bankruptcy protection on Sunday for the second time in two  years.
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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.
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ATA Airlines Inc.&#39;s cash crunch has worsened since August, the Indianapolis carrier&#39;s owner warned investors today, raising concerns among analysts that a bankruptcy protection filing may be near.
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The tenth-largest US airline, ATA Airlines has filed for bankruptcy protection and sold off airport slots and other assets to AirTran Airways for $ 87.
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The seventh largest US air carrier, US Airways, has filed for bankruptcy protection for the second time in two years. The airline asked a federal court in for restructuring protection Sunday after failing
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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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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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INDIANAPOLIS, Nov. 16 /PRNewswire-FirstCall/ -- ATA Holdings Corp. , announced today that the Company and its principal subsidiary, ATA Airlines, Inc.
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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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US Airways Group Inc. UAIR.O  issued a general appeal on Tuesday to the carrier's 3,000  pilots after their union's leaders rejected proposed  concessions the company says are crucial to avert insolvency.
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US Airways&#39; pilots union said Thursday that the airline plans to file a motion in bankruptcy court on Friday seeking immediate cost reductions, including pay cuts, from US Airways&#39; labor unions.
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US Airways is seeking $800 million in concessions from employee unions as it attempts to avoid filing Chapter 11. The Air Line Pilots Association will present its proposal on the evening of
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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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The government's pension insurer said Tuesday that it wants the authority to place liens on the assets of companies in bankruptcy such as US Airways when those companies do not make required payments to their pension plans.
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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.