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Essay

ATA Airlines

Essay specific features

 

Issue:

Business

 

Written by:

Vickie M

 

Date added:

November 10, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 441

 

Was viewed:

2153 times

 

Rating of current essay:

 
Essay content:

George Mikelsone said the AirTran deal would provide immediate cash infusion while he lines up financing elsewhere. ATA lost $90 million dollars in the first half of this year on revenue of $778 million dollars. ATA Airlines is trying everything they can to have their company. But they are going to have to wait it out...
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But they are going to have to wait it out. Some of their opinions is to reorganize, return to profitability, settle their debts, and be released from bankruptcy; or they could go out of business and have their assets auctioned off under court supervision to pay as many of their remaining debts as possible...
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