ATA Airlines

FedEx wins reversal of jury's $66M award to ATA

December 27, 2011
FedEx Corp. has won an appeal that overturns a $66 million verdict in favor of defunct Indianapolis airline ATA Airlines Inc.
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Federal judge backs jury award in FedEx-ATA dispute

January 20, 2011
Kathleen McLaughlin
Richard Young rules that the $66 million verdict against FedEx was rational and "not monstrously excessive."
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FedEx fights to overturn jury's $66M award to ATARestricted Content

January 15, 2011
Greg Andrews
ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.
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Defunct ATA Airlines awarded $66M in FedEx lawsuit

October 25, 2010
Chris O'Malley
An Indianapolis jury has returned a $65.9 million verdict against Memphis-based FedEx in a breach-of-contract lawsuit brought in 2008 by now-defunct ATA Airlines.
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Ambassadair travel club scores on Colts' success

January 29, 2010
Chris O'Malley
The Indianapolis Colts’ second trip to the Super Bowl in Miami is scoring business for the locally based Ambassadair travel club.
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Twice-bankrupt ATA finally foldsRestricted Content

December 29, 2008
Chris O'Malley
Any hopes that hometown airline ATA would make a comeback and eventually resume scheduled service from Indianapolis were dashed April 2, when it filed for bankruptcy and ceased operations.
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Southwest swoops in to benefit from ATA Airlines' bankruptcyRestricted Content

December 1, 2008
Chris O'Malley
Southwest is striking a deal to acquire ATA's valuable landing slots at LaGuardia and most of the dying airlines' remaining assets for $7.5 million.
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ATA plan ticks off terminated pilots, attendantsRestricted Content

April 14, 2008
Chris O'Malley
Former ATA Airlines employees are trying to comb the wreckage of the bankrupt carrier, looking to grab their financial belongings before managers and lenders cart off what little is left. Pilots and flight attendants are opposing retention bonuses for managers who will spend the next several months turning out the lights of the 35-year-old carrier.
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ATA parent shifts HQ to GeorgiaRestricted Content

November 5, 2007
Chris O'Malley
The writing has been on the wall that Indianapolis might lose the headquarters for ATA Airlines and/or parent Global Aero Logistics ever since April, when Global said it was buying Georgia-based World Air Holdings. Now, the writing is on paper: Indianapolis has lost another headquarters.
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Post-bankruptcy turnaround not taking off for ATARestricted Content

September 10, 2007
Chris O'Malley
More than 18 months after flying out of a bankruptcy reorganization that unloaded $1 billion of debt and costly aircraft leases, the parent of ATA Airlines still finds landing a profit elusive. Indianapolis-based Global Aero Logistics posted a loss of $46.1 million in the first half of 2007, according to documents it filed with the Securities and Exchange Commission.
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  1. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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