ATA requests extension to exclusive plan filing period

By Caroline Salls

Pittsburgh, Aug. 3 - ATA Holdings Corp. requested an extension to its exclusive period to file a plan of reorganization, according to a Wednesday filing with the U.S. Bankruptcy Court for the Southern District of Indiana.

The company wants to extend its exclusive period to file a plan to Nov. 10 from Aug. 22.

ATA said the extension is necessary because of the size and complexity of its Chapter 11 case.

Also, the company said it is in negotiations for the sale of the assets of Chicago Express Airlines, Inc. and is reviewing and analyzing the "multitude of claims" filed against it in the Chapter 11 proceedings.

ATA Holdings Corp., ATA Airlines' parent, filed for bankruptcy on Oct. 26, 2004. The Dulles, Va.-based company's Chapter 11 case number is 04-19866.

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