ATA AIRLINES
ATA Airlines, Inc., formerly known as American Trans Air, is an American low-cost scheduled service and charter airline based in Indianapolis, Indiana. ATA operates scheduled passenger flights throughout the US mainland and Hawaii, as well as military and commercial charter flights around the world. The airline maintains focus cities at Chicago Midway International Airport, Honolulu International Airport, and Oakland International Airport.
The airline's parent company, New ATA Holdings, Inc. (the successor to ATA Holdings Inc. which was also once known as Amtran), has recently changed its name to Global Aero Logistics, Inc. and has announced plans to purchase World Air Holdings, Inc. for $315 million in an all cash transaction with the financial backing of the Matlin Patterson Investment firm. Approval of the transaction is scheduled to be completed at the end of 2007. World Air Holdings, Inc. owns and operates North American Airlines and World Airways as two separate US-certified air carriers. ATA Airlines and both of World Air Holdings, Inc.'s subsidiary carriers operate from similar business models.
(source/wikipedia) |