Read more »


Southwest Seeks Control of ATA

The Indianapolis Star is reporting that as part of its bid for ATA’s Midway gates, Southwest Airlines will offer $47 million for a 35% stake in the carrier.  In addition, Southwest would name new executives, pushing out the current CEO, and lower labor costs by 15-20%.  ATA would then exist as a small, Indianapolis-based lowfare carrier (which I predict will be swamped with the full wrath of Northwest Airlines, who has rolled into Indy over the past year).

Did you enjoy this post?
Sign Up to Receive 1 Email Each Day
Join the more than 7000+ people who get 1 email each day with all the airline news, credit card ideas and general nonsense we've provided for more than 10 years.

Comments are closed.