ATA reports $14.5 million November loss on $115.6 million of sales

By Jeff Pines

Washington, Jan. 7 - ATA Holdings Corp., the parent of ATA Airlines, reported a $14.5 million loss for November on sales of $115.6 million.

The results were filed with the Securities and Exchange Commission Friday.

The operating loss for ATA was $11.76 million.

Cash and cash equivalents for the Indianapolis-based company were $85.19 million on Nov. 30.

ATA filed for bankruptcy with the U.S. Bankruptcy Court for the Southern District of Indiana on Oct. 26. Its Chapter 11 case number is 04-19866.

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