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Airline founder J. George Mikelsons was born in Riga, Latvia, and moved with his family first to Australia, then to Germany, and finally to Indianapolis, Indiana, in 1960.
There he trained as a pilot, and in 1965 he took a position as a DC-7 copilot for a local travel club known as Voyager 1000.
American Trans Air, or more commonly known as ATA, was founded in August of 1973 in Indianapolis, Indiana.
In 1973, Mikelsons started his own travel club, Ambassadair Inc., taking out a second mortgage on his home to fund the venture.
The club’s first aircraft was a Boeing 720 named “Miss Indy,” followed by the addition of a second aircraft, another Boeing 720 named “Spirit of Indiana” added in 1978.
A second plane, acquired by Ambassadair in 1978, the year of deregulation in the American airline industry, was named "Spirit of Indiana."
In 1981, ATA received their common air certificate and commenced charter operations the same year.
1981 American Trans Air (ATA), another Mikelsons entity, begins flying military charters.
Employees numbered 320 in 1982, when revenues were $30.5 million.
With a fleet of eight Boeing 707s and 720s based at Indianapolis, charter operations grew to include the first DC-10 in 1983.
By 1984, owner J. George Mikelsons decided to form Amtram Inc., a holding company for ATA and Ambassadair as well as another future subsidiaries of the company.
The airline also added Lockheed L-1011’s to the fleet in 1985.
In 1986, ATA launched its first scheduled service, between Indianapolis, Indiana, and four destinations in Florida.
Mikelsons remained involved in tour packages, and in 1987 created the ATA Vacations, Inc., subsidiary to oversee these operations.
Amtran's annual revenues had multiplied eight times in six years, reaching $254 million in 1988 and involving a workforce of 1,800.
In 1989, ATA introduced the Boeing 757-200, which would become a backbone for the airline in the coming years.
The company posted its first loss, $2 million, in 1990.
By the mid-1990s, Amtran was retaining a workforce of 3,200.
During the 1991 Gulf War, ATA operated services for the Department of Defense, transporting over 100,000 military personnel.
A freight handling subsidiary was created in 1991.
The Ambassadair Travel Club had 27,000 members in 1992.
When it began flying out of Midway Airport in 1992, ATA carried 500,000 passengers out of Chicago alone.
After this contracted ended, ATA updated the 727 to the -200 model, replacing all the -100’s by 1993.
Scheduled flights accounted for between 25 and 30 percent of ATA's revenues of $468 million in 1993.
1993 Amtran goes public.
ATA carried more than five million passengers on its 25 jets in 1995.
The year 1996 marked the beginning of increased competition from a major player in the industry.
Amtran lost $27 million in 1996, its worst year ever.
Stanley Pace left the company in May 1997, returning to his home state of Texas.
――――――, "Amtran Stock Rises on Good Season, Changes in Service," Indianapolis News, April 6, 1998.
Delays Stock Sale," Indianapolis News, August 4, 1998.
A Sterling 25th Anniversary in 1998
Horgan, Sean, "Parent Firm May Sell Chicago-Based Commuter Carrier," Indianapolis Star, May 12, 1999.
At the same time, a regional service was launched through the purchase of Chicago Express in 1999, which was quickly renamed ATA Connection and operated from their Midway hub and Indianapolis.
1999 Revenues exceed $1 billion.
In 2001, the new aircraft deliveries began.
2001 Ambitious fleet renewal program is launched.
The partnership lasted till 2002 when Travel City switched airlines.
In 2002, the company began operating from new gates at Chicago-Midway Airport.
In 2003 the company managed its first profit in four years, thanks to extensive cost-cutting at the hands of Mikelsons, who had again taken the role of CEO. However, ATA ultimately followed a similar path to many carriers after 9/11.
On October 26, 2004, ATA Holdings and its subsidiaries filed for Chapter 11 bankruptcy protection.
In 2004, AirTran Airways agreed to pay $90 million for ATA's 14 gates at Chicago-Midway.
Later that year, on November 1, 2005, a second round of flight cuts were announced, including the suspension of scheduled service to Denver, San Juan, and their headquarters and former hub Indianapolis.
On April 2, 2008, ATA filed for Chapter 11 bankruptcy protection.
Unfortunately for ATA, the airline struggled after the terrorist attacks on the World Trade Center in September of 2011.
"ATA Holdings Corporation ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/ata-holdings-corporation
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cathay Pacific | 1946 | $14.2B | 15 | 1 |
| Air Transport Services Group | 1980 | $1.7B | 5,305 | - |
| Emirates | 1985 | $16.7B | 105,730 | 3 |
| Atlas Air | 1992 | $4.5B | 3,259 | 77 |
| Lufthansa | 1953 | $39.0B | 138,353 | 11 |
| Falcon Air Express | - | $3.9M | 50 | - |
| Eastern Airlines, Inc | 1926 | $3.2M | 96 | 43 |
| Japan Airlines | - | $1.5T | 5 | - |
| Continental Airlines | 1934 | $2.7B | 10,001 | - |
| PRP | 1938 | $12.9M | 50 | 4 |
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