* This is a second airline company to file Chapter 11 this week.
ATA Airlines, Iinc (1973 - April 2, 2008):
On April 2, 2008, ATA filed for Chapter 11 bankruptcy protection. ATA then announced it was ceasing all services, citing the unexpected loss of a major contract for their military charter business along with recent increases in jet fuel prices. The two flights in the air at the time of the announcement proceeded to their destinations, after which all ATA flights were canceled.
ATA Airlines, Inc., formerly known as American Trans Air, was an American low-cost scheduled service and charter airline based in Indianapolis, Indiana. ATA operated scheduled passenger flights throughout the US mainland and Hawaii, as well as military and commercial charter flights around the world. The airline maintained focus cities at Chicago Midway International Airport, Honolulu International Airport, and Oakland International Airport.
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