Ata

[habubuaza]

Sorry if this was already covered.

REPEAT&CORRECT: ATA Holdings 4Q Losses $58.76/Shr

DOW JONES NEWSWIRES</FONT>
March 31, 2005 2:14 p.m.

("ATA Holdings 4Q Losses $58.76/Shr Vs $1.72/Shr," published at 12:28 p.m. EST, incorrectly reported that the company posted a loss for the year ended Dec. 31, 2003, and misidentified per-share earnings as average shares outstanding on a diluted basis for both fourth-quarter and full-year periods. ATA Holdings posted a net profit, not net loss, of $15,792,000 for 2003.)

WASHINGTON -- The following table is a summary of ATA Holdings Corp's (ATAHQ) financial information for its fourth quarter and fiscal year ended Dec. 31, 2004, as disclosed in the company's annual report Thursday with the Securities and Exchange Commission.

4Q: 2004 2003Revenue $353,245,000 $369,079,000Net income (695,120,000) (25,612,000)Shr erns Net income (58.76) (1.72) Year:Revenue $1,532,571,000 $1,518,533,000Net income (816,854,000) 15,792,000Shr erns Net income (69.09) 1.27Figures in parentheses are losses.


-By Marc Hopkins, Dow Jones Newswires; 202-862-1362; [email protected]

 

[habubuaza]

I'm sorry every time I try to paste a table it turns it into a paragaraph. Anyway it shows 4th Quarter 04 losses at $695,120,000 vs. a loss of $25,612,000 in 4th Quarter 03.

Can anyone tell me if this is accurate? Thanks.

 

[acbarney]

From the company's 10-K...

For the year ended December 31, 2004, the Company recorded an operating loss of $100.2 million, as compared to an operating income of $77.5 million in the same period of 2003. For the year ended December 31, 2004, the Company had a net loss available to common shareholders of $816.9 million, as compared to a net income available to common shareholders of $15.8 million in 2003. The net income recorded in 2003 includes $37.2 million received in U.S. Government funds, which was recorded as a reduction in operating expenses. The net loss in 2004 includes $638.5 million of expenses related to the Company's reorganization in Chapter 11 and a non-cash charge of $27.3 related to the Company's bond exchange in the first quarter of 2004.

 

[CWI]

ACBarney,

Sorry to hear that you are now looking for employment. They sure were pumping a lot of sunshine up the, "you know where" when we interviewed on November 1, 2003.

It was they same crap that USAir told me during my interview there in November 1989.

I'm at Kalitta now, ATA sent me a rejection letter!

Freight is great and Kalitta is looking for pilots. If I remember you live in PHL or NJ. We fly a lot of trips out of EWR and JFK, so if you live in the area you can get home on a layover, breaking up the 17 day line.

I guess Gary didn't like my paper trained freight dog story!

Good Luck finding employment. Hope you get picked up by SWA with the rest of the furloughed ATA pilots.

CWI

 

[acbarney]

Thanks!

Same crap Usair told me in April 1999.

 

[HalinTexas]

SWA has hired about 5 of 40 furloughees that interviewed and none of the non-furloughees that have interviewed.

 

[chase]

Dear HalinTexas,

While I could be reading your post wrong & if I am please accept my apology you appear to say that no ATA pilots who were currently working for ATA at the time they were interviewing at SWA have been hired? I do believe we have hired ATA active pilots over the last year. We has also as you described hired furloughed ATA pilots. Again if I'm mischaracterizing your post then my apologies but I didn't want to leave the impression with any current ATA pilots or even furloughed ATA pilots that SWA hasn't hired any "active" ATA pilots because I'm nearly 100% certain that we have. I've been at several new hire parties in which pilots have identified themselves as former (active) ATA pilots until they arrived at SWA.

 

[Wesb737fo]

I think there is a little misunderstanding going on. I myself know of only two ATA pilots hired since the bankruptcy. I don't know of any furloughed FO's who were successful (of course I don't know everyone). But this has to be weighed against the percentage of pilots who went to the last board. I heard the number was about 40 applicants out of around 150-200. Those aren't good odds no matter where you come from. Can anybody confirm this?

 

[mach zero]

SWA has hired about 5 of 40 furloughees that interviewed and none of the non-furloughees that have interviewed.

Um...that's not entirely true, they hired me and there was an ATA non-furloughee in the class ahead of mine and an ATA non-furloughee guy in class behind me.

 

[HarleyGuy]

I was called for an interview prior to being furloughed, and was hired. I heard 0 of 15 captains that interviewed got hired. I know of at least 2 other guys that got hired prior to being furloughed. I don't know if any of the 'interviewed-because-they're-furloughed' guys got hired. Hope this helps clarify things a little.

 

[OakRBust]

I know of two pals that I flew with in a former life that got Furloughed from ATA (I think jan 31) Each of them got very fast interviews here at SWA. One with the type and the other without. I think they each had three or more letters from insiders. Both of them are great guys and both of them are coming to big D!!!!

So to all you ATA'ers looking to come over I wish you the best of luck and hope to see you at the Bar soon!!


Cyaaaaaa

OAK

 

[chase]

Thanks to the folks who cleared up the perception that ATAers aren't getting a good luck & getting hired....the number is never high enough I realize but that doesn't mean any of them can't join the hundreds of folks who were interviewed here once, turned down & then hired on a subsequent try....hang in there & keep working on the things that will make you more competitive the nex time.....I will freely admit the pain of a rejection is difficult & not easy to deal with but don't succumb to the negatives that can keep you from eventually reaching your goal...hang in there & keep flying & give SWA another a try in the future....thanks again to the contributors who have passed along encouraging news to folks from ATA...

 

[HalinTexas]

Much of the numbers quoted above are consistent with what's been related via our intra-company communications a.k.a. rumor mill.

My point being is that ATA pilots, regardless of condition of servitude, are not making it to SWA in droves.

I've been rejected by SWA twice already. Submitted third app. last Nov. just prior to the SWA bail out. I have not heard of one captain getting hired from ATA in the last year, only a couple of FO's and a few furloughees. I've heard that SWA views many of us that are leaving voluntarily as disloyal and therefore not a good fit for SWA. The question, from reports, has been posed many times in the interviews.

I don't know what else I can do to be more competitive, especially after I'm displaced/demoted next month.

I might be able to make it back to the left seat in 2-3 years should ATA survive and grow in that time. At this time I'll have about 100 captains to get called back before me, not to mention other FO's that are senior to me that haven't held the seat yet. All of this in contingent on continued success of the codeshare, emerging from BK, a permanent CEO with talent and skills, and a generally healthy industry. Frankly, I'd rather get away from the b!tch!ng, p!ss!ing and moaning and the group helplessness that I find myself in, and join a winning outfit with a positive group attitude.

 

[Angus]

I've been rejected by SWA twice already.......... Frankly, I'd rather get away from the b!tch!ng, p!ss!ing and moaning and the group helplessness that I find myself in, and join a winning outfit with a positive group attitude.

You can flame away at this response... but it is probably the most sincere and non flame statement I've posted here..... you ready.... can you handle the truth HalinTexas.... here goes.... the truths gonna hurt.... but I'm telling you like it is:

I would start by simply looking at YOURSELF. Do a search of ALL of your posts here. Your posts here on Flightinfo ALONE reflect someone who has real assinine qualities.... and the fact is that your personality HERE on these forums appears to be reallygenuine..... a genuine jerk.

By the way..... because I KNOW that your going mention it, so I'll say it FIRST..... you can say what you want about all my posts here on Flightinfo....... I'm just having some fun... and I'm not here looking to get on with SWA or anywhere else for that matter as "Angus". If I was truly "Angus" I wouldn't have lasted or made it in this industry... believe me.

The fact is YOU ARE seeking employment... and you don't hide the fact of who you are on these forums....... and yet you still have the persona here that you're somewhat of an pompous self righteous jerk. Go back and read ALL your posts here... about ANYTHING..... and it all appears genuine... that you are in fact a jerk.

You've been shot down at SWA how many times??? Look in the mirror, and log off of Flightinfo......... seriously..

Okay... to the penalty box I go.... so flame away.... but just think about what I said....

 

[TAZ MAN]

You can flame away at this response... but it is probably the most sincere and non flame statement I've posted here..... you ready.... can you handle the truth HalinTexas.... here goes.... the truths gonna hurt.... but I'm telling you like it is:

I would start by simply looking at YOURSELF. Do a search of ALL of your posts here. Your posts here on Flightinfo ALONE reflect someone who has real assinine qualities.... and the fact is that your personality HERE on these forums appears to be reallygenuine..... a genuine jerk.

By the way..... because I KNOW that your going mention it, so I'll say it FIRST..... you can say what you want about all my posts here on Flightinfo....... I'm just having some fun... and I'm not here looking to get on with SWA or anywhere else for that matter as "Angus". If I was truly "Angus" I wouldn't have lasted or made it in this industry... believe me.

The fact is YOU ARE seeking employment... and you don't hide the fact of who you are on these forums....... and yet you still have the persona here that you're somewhat of an pompous self righteous jerk. Go back and read ALL your posts here... about ANYTHING..... and it all appears genuine... that you are in fact a jerk.

You've been shot down at SWA how many times??? Look in the mirror, and log off of Flightinfo......... seriously..

Okay... to the penalty box I go.... so flame away.... but just think about what I said....

Pot....meet Kettle

 

[SWAdude]

Well Mr. Angus, you could be absolutely right.

But I must say, if that is true, then many would wonder on this forum how I got the job.

Many of us, including you I hope, find that the "mask" we wear on here allows us to say things that we might be more careful if our true identity were known.

 

[HalinTexas]

I've never tried to "hide behind a mask." I'm not obvious about who I am, because I don't want a bunch of crank calls harrassing my household. Those at ATA that read this board know who I am.

I know there are always those that think I am a jerk, but you're the first to suggest it on any forum that I participate in. Most just think I'm "a little diffrnt" (sp). Truth is I'm a realist, brutally honest, and not afraid to share my opinion, that may be a character flaw, but I try not to insult unless insulted. Sometimes the intent of the post is lost in translation. It will appear insulting, but it's usually too succinct and does not convey the full meaning as in this case. I was trying to point out that ATA pilots are no more enjoying a hiring boom from SWA than from any other carrier. Preferential interviews, sure, but hiring no. As has been reported, more pilots have gone to Trans Meridian than SWA.

I also want this codeshare to succeed. I would like to stay at ATA. I've had a a lot of fun, seen a lot of the world I wouldn't have seen anyhwere else, met a lot of quality people that I call friends, and gained heaps of experience that can't be bought. I upgraded in less than five years, in my 30's, in the current state of this industry. That, in and of itself, counts me as blessed. Yes, I've met those 10%'ers, and I could be one of them, but I've gotten more compliments than criticism. Could it be that I'm misunderstanding your posts?

If what I post on this board is sufficient to blackball me from any carrier, then I don't think I would be happy at that carrier. I would hate to not be me, and that's all I can be.

 

[atafan]

Hal,

I appreciate your posts and believe you attempt to be honest and fair. You are a positive and realistic person, I'm proud to call you an ATA brother.

Some people can't handle the truth.

Ray in Florida

 

[HalinTexas]

Thanks, Ray.

See, Angus? Nyah, nyah, nyah. Somebody likes me. 8^)

Next subject.

 

[737 Pylt]

You can flame away at this response... but it is probably the most sincere and non flame statement I've posted here..... you ready.... can you handle the truth HalinTexas.... here goes.... the truths gonna hurt.... but I'm telling you like it is:

I would start by simply looking at YOURSELF. Do a search of ALL of your posts here. Your posts here on Flightinfo ALONE reflect someone who has real assinine qualities.... and the fact is that your personality HERE on these forums appears to be reallygenuine..... a genuine jerk.

By the way..... because I KNOW that your going mention it, so I'll say it FIRST..... you can say what you want about all my posts here on Flightinfo....... I'm just having some fun... and I'm not here looking to get on with SWA or anywhere else for that matter as "Angus". If I was truly "Angus" I wouldn't have lasted or made it in this industry... believe me.

The fact is YOU ARE seeking employment... and you don't hide the fact of who you are on these forums....... and yet you still have the persona here that you're somewhat of an pompous self righteous jerk. Go back and read ALL your posts here... about ANYTHING..... and it all appears genuine... that you are in fact a jerk.

You've been shot down at SWA how many times??? Look in the mirror, and log off of Flightinfo......... seriously..

Okay... to the penalty box I go.... so flame away.... but just think about what I said....

Anus:
I have to agree.....with everyone else on this board, that you are a total ass!
Now, back to that rock you crawled out from under.
I think it took a lot of balls to post what Hal said, and I personally commend him for it.
737

 

[AA717driver]

Getting hired is all about attitude. I've run into so many people since 9/11 that have the attitude that the world owes them something because they've been at a major and have 10,000 hours of flight time.

If you think the world has taken a dump on your career, you HAVE to put it behind you. Put on the same face you had when interviewing for that very first commuter job (or military slot) and act like you're grateful to be alive.

Whether it was Air Wisconsin people interviewing at UAL after that mess in the early 90's, Eastern or PanAm guys after their hosings or me last year, you just have to put pride aside and find your happy place (or some such B.S.) and not show your anger to the interviewers.

Most interviewers can see a chip on your shoulder from a mile away. JMO.TC