Bankrupt, ATA Cancels All Flights – New York Times
In the latest sign of troubles in the airline business, ATA Airlines shut down on Thursday, canceling all flights after filing for bankruptcy.
The airline said in a statement that it was unable to honor any tickets or reservations and asked other carriers to assist passengers stranded by the abrupt cancellations.
The Indianapolis-based airline operated 29 aircraft, carrying about 10,000 passengers daily on four routes from Chicago’s Midway Airport and several West Coast routes to Hawaii. ATA’s Web site said the company had 2,230 employees and most of them were being notified that their jobs have been eliminated. The Associated Press reported that notices were posted Thursday morning at ticket counters in cities ATA served, telling passengers that the airline had shut down.
Pretty glad this one didn’t strand me on the road. It looks like a couple others picked up the slack, but it is still a troubling development. Gas prices are going to continue to rise, BTW, and businesses unprepared will fail.
All aboard the fail plane. Err, all off it, I guess.
Robot Pirate Ninja 