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April 04, 2008

ATA Airlines Bankruptcy

ATA Airlines has filed fo bankruptcy. The move left thousands of ATA Airlines passengers stranded as operations immediately ceased.

It's the second time the airline has filed for bankrpucy in the past three years.

The apparent problem was that thney had a deal with FedEx to run their charter operations and in the renegotiation over the contract they couldn't agree on how to allocate higher fuel costs.

ATA AIRLINES PULLS THE PLUG
Las Vegas Review - Journal - Las Vegas,NV,USA
By BENJAMIN SPILLMAN The ATA Airlines ticket counter at McCarran International Airport stands vacant Thursday after the company declared bankruptcy and ...
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ATA AIRLINES FILES FOR BANKRUPTCY
Monterey County Herald - Monterey,CA,USA
Passengers of ATA flights to Hawaii were stranded when the airline declared bankruptcy. OAKLAND — The collapse of ATA Airlines Inc. Thursday stranded ...
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Stranded ATA passengers look for other ways out of Hawaii
KPUA - HI,USA
By AP HONOLULU (AP) _ State officials are helping travelers stranded by the abrupt closure of ATA Airlines, as they look for other ways to fly out of Hawaii ...
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ATA Airlines shuts down, blames loss of military contract
ATWOnline - Silver Spring,MD,USA
ATA Airlines, an independent carrier based in Indianapolis, shut down operations yesterday after filing for Chapter 11 bankruptcy protection Wednesday. ...
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ATA Airlines files for bankruptcy, stops service
Washington Business Journal - Washington,DC,USA
The move affects Southwest customers who bought ATA tickets through a codesharing agreement the airlines have had since 2005. "ATA Airlines has been an ...
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Bankrupt airline strands thousands
Long Beach Press-Telegram - Long Beach,CA,USA
By Art Marroquin and Shelly Leachman Staff Writers Peter Sunday tries to line up another flight at LAX on Thursday after arriving at ATA Airlines' counter ...
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ATA Airlines bankruptcy filing strands passengers around nation
Press-Enterprise - Riverside,CA,USA
By KIMBERLY PIERCEALL ATA Airlines shut its cabin doors Thursday, canceling all flights and giving ticket holders and its 2230 employees little notice that ...
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ATA Airlines Goes Bankrupt Again, Cancels All Flights
AHN - USA
New York, NY (AHN) - ATA Airlines suddenly shut down Thursday, canceling flights that stranded thousands of passengers as the carrier relapsed into ...
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On the Heels of Aloha Airlines Closure, ATA Airlines Shuts Down ...
Hawaii Reporter - Kailua,HI,USA
By Andrew Walden, 4/3/2008 2:12:11 PM At 11PM HST last night, just after several of its flights departed for the mainland, ATA airlines shut down all ...
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ATA, Aloha Woes Likely Mean Higher Fares
The Associated Press -
HONOLULU (AP) — The abrupt shutdowns of ATA Airlines and Aloha Airlines won't keep travelers off Hawaii's shores altogether, but they could make an already ...
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ATA Airlines shut down operations and stranded thousands of travelers
 By retailnu
Airline heads back into bankruptcy ATA Airlines shut down operations and stranded thousands of travelers Thursday after the cancellation of a critical agreement with FedEx Corp. for most of the airline’s charter business left it unable ...
Retail News Update - http://retailnu.wordpress.com

ATA Airlines Is Down And Out
 By admin
While on the surface you may be forgiven for thinking that we have seen the first casualty of the worldwide economic downturn and credit crunch, in reality there is a very different reason why US ATA Airlines has filed for Chapter 11 ...
the blog of flightcomparison.co.uk - http://blog.flightcomparison.co.uk

ATA Airlines discontinues all operations
 By tb_neg
After filing for Chapter 11 on April 2, 2008 in the US Bankruptcy Court in Indianapolis, IN, ATA Airlines has discontinued all operations and cancelled all current and future flights. Following the loss of a key contract for our ...
Turbulence Forecast Blog - http://www.turbulenceforecast.com/blog

ATA Airlines shuts down all operations
 By B. N. Sullivan(B. N. Sullivan)
ATA Airlines pin ATA Airlines announced this morning that it had filed a Chapter 11 Bankruptcy petition on April 2, 2008, and that it has "discontinued all operations, effective as of 4 am ET on April 3." The reason cited was the ...
Aircrew Buzz - http://aircrewbuzz.com/

ATA Airlines Shuts Down Passenger Services; Lehman Analyst ...
 By Holly
The airline said that it made the decision to do so after FedEx informed the airline that it would no longer be a member of a "teaming arrangement." This agreement gave ATA a large number of airlift contracts for transporting military ...
PlaneBuzz - http://www.planebuzz.com/

April 4, 2008 in Current Affairs | Permalink

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