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ATA Euro Plans and Nice German (LTU) Response...

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On Your Six

Well-known member
Joined
Mar 8, 2004
Posts
4,507
I like the cocky German response below... LTU would fly A330s. What will ATA fly to Europe - 767s, 757-300s or L-1011s? The last sentence says a lot too - ouch! Good luck!


U.S. low cost carrier ATA plans flights to Europe
Friday June 25, 11:09 am ET


COLOGNE, Germany, June 25 (Reuters) - U.S. low-cost carrier ATA Airlines (NasdaqNM:ATAH - News) plans to fly to destinations in Europe starting next year and is negotiating with German airport Cologne-Bonn, the company said on Friday.

We want to fly to two or three European cities, and are currently in intensive talks concerning this," ATA Vice President Douglas Yakota told reporters in Cologne.

He added that Germany, and in particular the Cologne-Bonn airport due to its success in low-cost travel, were high on the list of potential destinations.

German long-haul charter carrier LTU reacted sharply to these plans, underscoring intense competition in the beleaguered airline industry.

"You have to assume that we'll come with a corresponding offer for the same price and possibly better quality," said LTU managing director Juergen Marbach.

ATA parent ATA Holdings Corp. last month reported its quarterly net loss widened to $64.7 million from $11.4 million.
 
So, ATA is looking at Cologne--and the German LCCs are getting nervous and will also do the same thing. Wow, LCCs going after each other. That would be interesting.


Bye Bye---General Lee
 

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