from Chicago Tribune: ATA Airlines has reached an agreement in principle to fly out of Gary/Chicago International Airport. Forced to cease operations out of Midway, the deal to take four flights a day in and out of Gary would give the financially strapped airline access to the Chicago area. All flights would go to Indianapolis, for connections to 11 destinations, ranging from New York to Florida to San Francisco. The airline plans to operate 34-seat Saab propeller aircraft from the Gary airport, said airport director Paul Karas. Final talks are pending and could be affected by ATA’s ongoing bankruptcy proceedings. ATA filed for bankruptcy in October, saying that it was selling most of its Chicago operations to low-cost carrier AirTran Airways. As part of the $87.6 million deal, AirTran would assume ATA’s 14 gates at Midway. In a recent filing with the U.S. Bankruptcy Court in Indianapolis, the City of Chicago said any deal that includes the gates rights needs the city’s OK.
Attention Steel Execs: Gary’s All Yours
December 3, 2004 By