Indy Lends to Airline

Carvlin, Elizabeth
November 2004
Bond Buyer;11/17/2004, Vol. 350 Issue 32012, p31
Trade Publication
The article presents information about the Indiana Transportation Finance Authority and Indianapolis, Indiana's decision to grant $15.5 million loan to ATA Airlines Inc. to help the carrier maintain operations. The city and the Indiana Transportation Finance Authority worked together to secure the loan, which would be a short-term note obtained through Bank One that would be due in 2008. ATA planned to sell 17 gates at Chicago's Midway Airport, New York's La-Guardia and Washington's Reagan National.


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