ATA Airlines, which shut down early last month (ATWOnline, April 4), is suing FedEx Corp., saying its decision to cancel a contract for military charter operations forced ATA into bankruptcy, the Associated Press reported. The charter operation was a key component of ATA's business and generated some $400 million in annual revenue.

Subscribe to Access this Entire Article

"Other News - 06/12/2008" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.