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Published on 3/17/2005 in the Prospect News Distressed Debt Daily.

ATA Holdings seeks March 31 sale date for Chicago Express

By Ellen Chang

Houston, March 17 - ATA Holdings Corp. is looking to hold an auction for its Chicago Express Airlines Inc. unit on March 31 with a court hearing to approve the results on April 1, according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of Indiana.

The company said the deadline for bids is March 25.

The Indianapolis-based airline holding company filed for bankruptcy on Oct. 26. Its Chapter 11 case number is 04-19866.


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