Bankrupt ATA airline sets new course
ATA Airlines comes out of bankruptcy today with a new business plan.
The Indianapolis-based airline, once the nation’s 10th largest carrier, says it is now focusing on vacation travel.
The airline’s fleet has been scaled back and its labor force cut in half since it filed for Chapter 11 in October of 2004.
ATA’s emergency plan focuses on such destinations as Cancun, Los Angeles and Las Vegas. It’s outline was approved by a federal bankruptcy judge.
Company officials said they planned a slow but steady climb back to profitability. The airline also hopes for a boost in summer travel.
Report by David Wilkening
David
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
U.S.A. and Israel attacks on Iran impact air movements in the Gulf (Update 1.00pm CET)
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025