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ATA Health?

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Flying Jade

Member
Joined
Jun 17, 2002
Posts
8
Hey folks. I was wondering if anyone knew how ATA is doing these days? I talked to someone recently who said they are hanging on by a thread (economically) and may shut down anyday now. I had no idea. Thought they were doing better than that with their SWA codeshare, etc...

Anyone at ATA shed some light on their status?
 
At least 100 more furloughs, we have over 200 out now. To be announced this coming Friday or next Monday.

Coming down to the pennies with cash on hand.

Something big is about to happen, just don't know if it's good or bad. Lots of people sniffing around the puzzle palace in Indy.
 
First 767-300ER coming as per court documents. Cold comfort for furloughees, but at least it's positive news.
 
The new plan is effective May 1 2006 down to one (maybe two) gates in MDW. Guess who gets all the rest?? SWA.

Guess who gets what they have been trying to accomplish all along?? SWA.
 
I saw a former CA I flew with at ATA when I was in PIT the other day. It seems that things haven't changed much. Had a great time when I was there.

Hey Pickle, I flew with one of your former cargo partners in crime last month. Great guy, he says hello. Larry C.

PS- Thanks for your help back in September.
 
We just got the word that ATA will be down to ONE gate at MDW full-time and one gate part-time as of May 1st.Still waiting for the 'plan' regarding fleet size/pilots/bases.CP said a total of 30 aircraft for '06 : 12 737-800/ 3 737-300/ 6 757-200/ 4 757-300/ 4 L1011/ 1 767 We'll see how it plays out. 'Codeshare', what codeshare ????
 
Wow! Very sad. My heart goes out to everyone at ATA.

Andy G said:
We just got the word that ATA will be down to ONE gate at MDW full-time and one gate part-time as of May 1st.Still waiting for the 'plan' regarding fleet size/pilots/bases.CP said a total of 30 aircraft for '06 : 12 737-800/ 3 737-300/ 6 757-200/ 4 757-300/ 4 L1011/ 1 767 We'll see how it plays out. 'Codeshare', what codeshare ????
 
Big Easy:

No problem, you are very welcome.

Tell Larry I said Hello. He and I were neighbors for a few months also in Hollywood, I wonder if he remembers that?
 
Pickle SWA doesn't get the rest, the BR judge gave SWA 4, and the city got the other 3. Also, our codeshare is going to be changed somewhat, how I have no idea. You guys have been good to all our pilots, so I do wish you guys the best.
 
SWA paid $20 million for the 4 additional gates. ATA will only have one gate they are obligated for and the use of 3 additional city gates. This move as well as all the moves lately have been coordinated with the new investors.

The plan is for ATA to exit from bankruptcy in Jan 06, making a small profit and having a very good cash on hand position.

We shall see........
 
A couple of things to add:

I believe the initial furloughs in Jan. will be just under 60. Another 50 to 60 late spring or summer. We are at around 845 now. Begs the question, "If we're down to 30 airplanes, what are we going to do with all these pilots?"

A reliable source had an informal meeting with Denison and another CA that it's possible that we won't need the spring/summer furloughs. If we do, then that should be the last of them. There are approximately 140 FA furloughs coming soon as well. Hmmmm. Either there is some planned growth for late 2006 or 2007 or there's a big fat stupid lie out there.

Other rumors, inferences, are that we are returning to our "roots" of charter, particularly international charter.

Maitlin/Patterson is coming in, throwing a bunch of money around, trying to wrest any control of ATA by SWA by trading assets for debt and stock. These guys are pretty tough and haven't failed yet, however, I don't know of their expertise in airline managment. They have stated that they are in this for the long-haul (2,3,5 or 10m years?), but what's long haul?

I am stupified by the lost opportunity in ATA that has been, and continues to be, squandered.

It is what it is. Apple did the same thing 15-20 years ago. Maybe we can get it back.
 
Either there is some planned growth for late 2006 or 2007 or there's a big fat stupid lie out there.
Every time there was a furlough around the corner at AA, management would tell us that it was either the end of the the furloughs, or the furlough itself would be canceled. I'm not sure if there is some psychological advantage for management to keeep the pilots thinking positively, or if they themselves are trying to be optimistic. IMHO, there's a big fat stupid lie out there.
 
A reliable source had an informal meeting with Denison and another CA that it's possible that we won't need the spring/summer furloughs. If we do, then that should be the last of them.

At the current rate that ATA pilots are either resigning or taking voluntary furloughs we may not need to have another round of furloughs after January!

I wonder when the next re-alignment bid is coming out?
 

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