ATA Reports Q1 Profit

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Full story http://biz.yahoo.com/bw/020422/220063_1.html


Amtran Reports First Quarter 2002 Net Income
INDIANAPOLIS--(BUSINESS WIRE)--April 22, 2002--Amtran, Inc. (Nasdaq:AMTR =
- news), parent company of American Trans Air, Inc. (ATA), today =
reported its results for the three months ended March 31, 2002.=20

First Quarter Financial Results:=20

Amtran's net income available to common shareholders was $1.5 million, =
or $0.12 per share (diluted), in the first quarter of 2002. In =
comparison, the company had a net loss to common shareholders of $4.8 =
million, or $0.42 per share (basic and diluted) in the first quarter of =
2001.=20

Total operating revenues for the first quarter of 2002 were $330.6 =
million, a 4.9% decrease compared with the same quarter in 2001. =
Scheduled service revenues decreased 1.8% to $208.3 million. Charter =
service revenues decreased 5.4% to $96.8 million. Total operating =
expenses decreased 8.4% to $320.5 million. The company reported an =
operating income of $10.1 million, compared with an operating loss of =
$2.2 million in the first quarter of 2001.=20

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