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ATA Holdings posts $31.28 million loss for third quarter
By Jeff Pines
Washington, Nov. 22 - ATA Holdings Corp. reported a $31.28 million loss for the third quarter and a $120.91 million loss for the nine-month period ended Sept. 30.
ATA filed its quarterly report with the Securities and Exchange Commission Monday.
For the quarter, the company posted revenues of $401.22 million and sales of $1.18 billion for the nine-month period.
The Indianapolis-based airline holding company reported an operating loss of $16.18 million for the quarter and $49.05 million for the nine-month period.
Cash and cash equivalents on Sept. 30 were $57.6 million and $160.64 million on Dec. 31, 2003.
ATA filed for bankruptcy on Oct. 26. Its Chapter 11 case number is 04-19866.
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