=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/2004/09/02/f= inancial1746EDT0327.DTL --------------------------------------------------------------------- Thursday, September 2, 2004 (AP) ATA Airlines, Machinists reach tentative deal ANN KEETON, Dow Jones Newswires (09-02) 16:15 PDT (AP) -- CHICAGO (Dow Jones/AP) -- ATA Airlines on Wednesday reached a tentative contract agreement with the International Association of Machinists and Aerospace Workers union. Bob Haines, a spokesman for the union, said the members will vote on the contract on Sept. 8 and 9. The contract covers about 350 ground workers in Indianapolis and Chicago. The negotiations were mediated by the National Mediation Board in Washington. The cash-strapped airline is seeking financial concessions from all its union work groups, including pilots, flight attendants, mechanics and machinists. Talks with the Aircraft Mechanics Fraternal Association, representing 600 mechanics, are also in mediation, but broke off last week on wage differences. Negotiations with flight attendants are ongoing. In August, the airline said that if it can't cut costs significantly by renegotiating aircraft leases, it will run out of money in the first quarter of 2005. On Monday, the Nasdaq Stock Market notified Indianapolis-based parent company ATA Holdings Corp. that it faced delisting on the exchange due to a lack of liquidity. ATA Holdings shares ended Thursday's regular session down 1.5 percent, or 3 cents, at $1.96. ---------------------------------------------------------------------- Copyright 2004 AP