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American Trans Air as well files for federal loan guarantee

Washington, Usa - It needs USD 165m

American Trans Air (ATA) is going to become the third major Us airline, after America West Airlines and US Airways, to file for a federal loan guarantee. The airline in fact needs USD 165m in the attempt to recover from the crisis it is facing since last September 11 terror attacks. According to ATA the carrier is "an appropriate applicant" because its "solid business plan" worked well through last...

AVIONEWS - World Aeronautical Press Agency - 29860
Rome, Italy, 06/14/2002 10:34
AVIONEWS - World Aeronautical Press Agency

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