ATA Airlines Shuts Down Operations

The Indianapolis, Indiana-based airline formerly known as American Trans Air went out of business today 35 years after it was founded and one day after filing for Chapter 11 bankruptcy protection.

Why did ATA Airlines go out of business? What are the contingency plans for its customers? Was this situation handled well?

Please read the ATA Airlines Out Of Business thread for additional information and comments from fellow FlyerTalk members.

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