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BUSINESS
October 27, 2004 | From Bloomberg News
ATA Holdings Corp. sought bankruptcy protection to reorganize after rising jet fuel prices and price competition drained the airline's cash. ATA, the 11th-largest U.S. airline in passenger traffic, filed in Bankruptcy Court in Indianapolis, where the company is based. ATA listed $745 million in assets and $940 million in liabilities in the court filing.
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BUSINESS
October 27, 2004 | From Bloomberg News
ATA Holdings Corp. sought bankruptcy protection to reorganize after rising jet fuel prices and price competition drained the airline's cash. ATA, the 11th-largest U.S. airline in passenger traffic, filed in Bankruptcy Court in Indianapolis, where the company is based. ATA listed $745 million in assets and $940 million in liabilities in the court filing.
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BUSINESS
November 17, 2004 | From Associated Press
The board of the country's largest flight attendants union authorized a national strike after its president said the airline industry was using the bankruptcy process to threaten workers' livelihoods. The union, which represents 46,000 members at 26 airlines, said it would immediately start the process of taking strike votes at four airlines: UAL Corp.'s United, US Airways Group Inc., ATA Holdings Corp.'s ATA Airlines and Hawaiian Holdings Inc.'s Hawaiian Airlines.
BUSINESS
October 8, 2003 | From Bloomberg News
Major U.S. airlines' September passenger traffic fell less than 1% as carriers including UAL Corp.'s United Airlines reduced capacity. Low-fare competitors such as Southwest Airlines Co. reported gains. The 10 biggest U.S. carriers reduced capacity 4.8% in September because of lower air-travel demand. Discounters, which have expanded as larger competitors cut back, continued to gain passengers, with traffic rising 11% at Dallas-based Southwest and 26% at Indianapolis-based ATA Holdings Corp.
BUSINESS
February 19, 2003 | From Times Wire Services
UAL Corp.'s United Airlines, US Airways Group Inc., AMR Corp.'s American Airlines and Northwest Airlines Corp. matched a $3 fare increase on routes where they compete with ATA Holdings Corp., whose increase Monday marked the second time since Friday that some U.S. airlines tried to offset rising oil costs. ATA said it added the $3 fee for about half its fares because of higher fuel prices. American and Continental Airlines Inc.
BUSINESS
December 22, 2005 | From Associated Press
Southwest Airlines Co. executives say they're committed to expansion that could soon make Midway International Airport in Chicago the carrier's busiest, their plans unchanged by the airline's first fatal accident there this month. Two years of adding gates and flights already have made Midway the fastest-growing airport for Southwest, providing a strengthened base to compete with bigger rivals flying out of O'Hare International Airport across town.
BUSINESS
April 6, 2004 | From Associated Press
Three of the top four airlines in 2003 were low-cost carriers, with JetBlue Airways Corp. leading the pack with the best overall performance, according to an annual study released Monday. The study's authors say the report showed why low-fare airlines are gobbling up market share from traditional carriers: They're on time more, they bump fewer passengers, they mishandle less baggage and they generate fewer complaints.
BUSINESS
July 14, 2004 | James F. Peltz, Times Staff Writer
Air travelers from Los Angeles to Boston are being treated to an unseasonal wave of fare cuts. JetBlue Airways Corp. on Tuesday joined the ranks of discount carriers slashing prices for travel in late summer and fall, announcing one-way fares as low as $99 from its West Coast base in Long Beach to New York, Washington and Boston. Its Long Beach-to-Oakland fare dropped to $39 one way from $49. Southwest Airlines Inc., AirTran Holdings Inc.'
BUSINESS
August 7, 2002 | JAMES F. PELTZ, TIMES STAFF WRITER
Several major airlines--including American, Northwest Airlines Corp., Delta Air Lines Inc. and Continental Airlines Inc.--have cut many of their most expensive, unrestricted business fares 15% to 20%, a move Northwest said Tuesday was the first reduction in the controversial fares in perhaps a decade. The cheaper prices are welcome news for business travelers, who have been howling for years about the high cost of last-minute, walk-up seats.
BUSINESS
September 15, 2005 | James F. Peltz, Times Staff Writer
The nation's airline crisis deepened Wednesday when Delta Air Lines Inc. and Northwest Airlines Corp. both filed for bankruptcy protection in the face of massive losses, bringing to four the number of big U.S. carriers now operating under the supervision of a bankruptcy judge.
BUSINESS
July 14, 2002 | JAMES F. PELTZ, TIMES STAFF WRITER
Each day thousands of travelers nationwide book airline tickets not realizing that they've saved a few bucks thanks to a handful of executives in the Minneapolis area. They're senior executives of Northwest Airlines, and they're making sure that the Eagan, Minn.-based carrier keeps spoiling attempts by other airlines to raise leisure fares.
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