Air Transport World

ATA Airlines.(North America Report)(agreements)(Brief Article)

ATA Airlines selected Southwest Airlines' $117 million bid for certain of its assets at Chicago Midway over a broader but less valuable agreement it had struck with AirTran Airways when it filed for Chapter 11 protection last Oct. Bankruptcy court approval was expected on Dec. 21, Southwest said. Under terms of the deal, Southwest will pay ATA $40 million to acquire leaseholds on six gates and a maintenance hangar at Midway. …

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