SFGate: ATA Airlines considering adding smaller jets to fleet

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

 



=20
----------------------------------------------------------------------
This article was sent to you by someone who found it on SFGate.
The original article can be found on SFGate.com here:
http://www.sfgate.com/cgi-bin/article.cgi?file=3D/news/archive/2004/04/29/f=
inancial2103EDT0445.DTL
 ---------------------------------------------------------------------
Thursday, April 29, 2004 (AP)
ATA Airlines considering adding smaller jets to fleet
MARK JEWELL, AP Business Writer


   (04-29) 18:03 PDT INDIANAPOLIS (AP) --
   The parent company of ATA Airlines Inc. is exploring buying 100-seat
aircraft such as the Boeing 717 or Embraer 190 to fill a niche in a fleet
heavy on bigger jets and smaller turboprops.
   The nation's 10th-largest carrier said Thursday that introducing smaller
jets into its fleet of 66 planes could better position it to serve smaller
markets and add more frequent flights to existing destinations.
   Indianapolis-based ATA said it had not begun formal negotiations to buy
planes but "has expressed interest in the Boeing 717 and the Embraer 190
aircraft." ATA did not offer information on how many jets it might buy, or
whether new planes would replace some of its existing jets or add to the
fleet.
   ATA's announcement was in line with recent moves by other low-fare
carriers such as Jet Blue, AirTran and Atlantic Coast Airlines to expand
the range of jet sizes in their fleets, said Richard Bittenbender, an
airline analyst at Moody's Investors Service.
   Such moves can increase expenses for spare parts, pilot training and oth=
er
needs, but smaller jets could make sense for ATA, Bittenbender said.
   ATA said it was discussing possible fleet changes with unions representi=
ng
its pilots and flight attendants. The company's news release included
statements of support for the move from representatives of both unions.
   ATA's fleet now includes 175-seat Boeing 737-800s, 247-seat 757-300s;
200-seat 757-200s; and 34-seat Saab 340B turboprops operated by ATA's
Chicago Express Airlines.
   Shares of parent company ATA Holdings Corp. fell 25 cents Thursday to
close at $7.57 on the Nasdaq Stock Market.

On the Net:
   American Trans Air: www.ata.com

 ----------------------------------------------------------------------
Copyright 2004 AP

[Index of Archives]         [NTSB]     [NASA KSC]     [Yosemite]     [Steve's Art]     [Deep Creek Hot Springs]     [NTSB]     [STB]     [Share Photos]     [Yosemite Campsites]