Boeing and ATA Announce Purchase of Additional 757-300

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Does this make ATA the first US carrier to place a new order since 9/11? =


Regards
Nick
Boeing and ATA Announce Purchase of Additional 757-300 Airplanes
INDIANAPOLIS--(BUSINESS WIRE)--Jan. 24, 2002--American Trans Air, Inc. =
(ATA), the principal subsidiary of Amtran, Inc. (Nasdaq:AMTR - news) and =
The Boeing Company (NYSE:BA - news) announced signing an agreement to =
exercise options for two additional Boeing 757-300 airplanes for =
delivery in 2003.=20

The order will bring the number of airplanes in the ATA 757 fleet to 27, =
12 of the new 757-300's and 15 of the 757-200's. The 757-300 will be =
powered by Rolls Royce RB 211-535-E4C engines. ATA was the North =
American launch customer for the -300 model of the 757 and is the only =
operator of the performance enhanced -E4C model engine.=20

``We are delighted with ATA's decision to once again choose the 757-300. =
The decision reflects the success they are experiencing with this =
excellent airplane. The proven reliability, fuel efficiency and =
comfortable interior of the 757-300 deliver value for both operators and =
passengers,'' said Pat Shanahan, vice president and general manager of =
the 757 program.=20

Boeing Capital Corporation increased its relationship with ATA as well, =
with a commitment to provide lease financing on the additional =
airplanes. The airplanes deliver in May and June 2003 and have a list =
price value of $166 million.=20

The 757-300 has the lowest seat-mile cost of any single-aisle and =
mid-sized jetliner, making it an extremely cost-effective airplane for =
airlines to operate. It burns less fuel than older mid-range airplanes, =
meets community noise restrictions well below current Stage 3 limits and =
complies with strict new international emissions standards.=20

Since taking delivery of the first 757-300 airplane in August 2001, ATA =
has experienced exceptional performance from the efficient, single-aisle =
airplane. For the 90-day period ending December 31, 2001, the five =
delivered airplanes had a fleet-wide reliability rate of 99.5%.=20

``We are very pleased by the airplane's reliability, especially =
considering it's a new model airframe. Our maintenance folks have been =
working with the Boeing technical support team, and together we expect =
our -300 fleet-wide reliability to exceed 99.6%. It's a great =
airplane,'' said Terry Kerber, ATA's Vice President of Line Maintenance. =


ATA flies the 757-300 in a 247-seat configuration and the 757-200 in a =
216-seat configuration. With the additional 31 seats on the 757-300, ATA =
has experienced up to an 11 percent reduction in direct operating costs =
per seat mile over the 757-200, excluding ownership costs. The larger =
757-300 airplane also is the largest airplane capable of being operated =
out of ATA's primary hub, Chicago's Midway Airport.=20

The new airplane has been well received by the ATA customers as well. =
The passenger cabin on the 757-300 is based on the popular, =
award-winning Boeing 777 interior design, offering passengers a =
spacious, user-friendly cabin with comfortable, aesthetically pleasing =
surroundings.=20

``With the combination of the new aircraft, with its leather seating, =
drop-down video systems and the new facility in Chicago Midway, ATA has =
significantly improved the customer's experience,'' said Don Moonjian, =
ATA's vice president of marketing.=20

The additional airplanes are the first options to be exercised by ATA. =
In May 2000, ATA and its partners, Boeing, Boeing Capital Corporation, =
GE Aircraft Engines, GE Capital Aviation Services, ILFC and Rolls Royce =
signed agreements for 39 737-800 airplanes with 40 options, and 10 =
757-300 airplanes with 10 options. As of December 31, 2001, ATA had =
taken delivery of 14 737-800's and five 757-300's. In 2002 ATA will take =
delivery of 16 737-800's, one 757-200 and five 757-300.=20

Amtran's common stock trades on the Nasdaq Stock Market under the symbol =
AMTR. ATA, now in its 29th year of operation, is the nation's 10th =
largest passenger carrier based on revenue passenger miles and operates =
significant scheduled service from Chicago-Midway and Indianapolis. As =
of December 31, 2001 it has a fleet of 14 Boeing 737-800's, 15 Boeing =
757-200's, five Boeing 757-300's, 10 Boeing 727-200's, and 15 Lockheed =
L1011's. Chicago Express Airlines, Inc., the wholly owned commuter =
airline based at Chicago-Midway Airport, operates 11 Saab-340B's. The =
entire fleet is supported by the Company's own maintenance and =
engineering facilities in Indianapolis and Chicago-Midway and other =
stations worldwide. You can learn more about ATA by visiting its website =
at www.ata.com.=20

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