Judge Likely to OK Gate Takeovers at Midway

Carvlin, Elizabeth
December 2004
Bond Buyer;12/21/2004, Vol. 350 Issue 32034, p4
Trade Publication
The article reports that a U.S. Bankruptcy Court in Indianapolis, Indiana is expected to approve a plan today that would allow Southwest Airlines to take over six of AirTran Airways Inc.'s passenger gates at Midway Airport, a move that would alleviate some of Chicago's risk for outstanding airport revenue bonds following AirTran Airways Inc.'s bankruptcy. If the deal is approved by Bankruptcy Court Judge Basil Lorch and the Chicago Department of Aviation, Southwest Airlines would return to its previously dominant share of the Midway market.


Related Articles

  • ATA filing fallout at Midway.  // Crain's Chicago Business;11/1/2004, Vol. 27 Issue 44, p9 

    This article reports that ATA Airlines agreed to turn over its Midway Airport operations to AirTran Airways Inc., for$ 87.6 million as part of its restructuring and bankruptcy filing. Subject to approval by the city of Chicago and the Bankruptcy Court, AirTran will assume ATA's flight...

  • Bankruptcy Cases in Alaska: Significant Yearly Fluctuations. Spohn, Kari // Alaska Business Monthly;Jan2007, Vol. 23 Issue 1, p71 

    The article reports on the decline in the number of bankruptcies filed in Alaska in 2006. As of September, the total number of bankruptcies filed was 53 which represents an 82 percent decline over same period in 2005. From August to September 2006, this number only decreased slightly from 56 to...

  • \Last AirTran Flight.  // Aviation News;Mar2015, p7 

    The article reports on the end of service of American low-cost airline company Airtran Airways Inc. with last operation departing Atlanta Hartsfield-Jackson International Airport in Georgia to Tampa Bay International Airport in Florida on December 28, 2014.

  • Final Bankruptcy Statistics for 2005 Show Increase Over Previous Year.  // Secured Lender;May/Jun2006, Vol. 62 Issue 3, p8 

    Reports on the final bankruptcy filing statistics for calendar year 2005 released by the Administrative Office of the U.S. Courts. Increase in the number of business bankruptcy filings; Rise in personal bankruptcy filings; Number of consumers that filed for protection from creditors in the...

  • Hurting firms dart for bankruptcy protection. Genn, Adina // Long Island Business News (7/1993 to 5/2009);9/30/2005, Vol. 52 Issue 41, p5A 

    Reports on the increase in bankruptcy filings by financially troubled companies before the new Bankruptcy Abuse Prevention and Consumer Protection Act take effect in the U.S. Application for Chapter 7 protection by the consumers; Increase in personal debt; Restriction of pay packages as a means...

  • Out of bankruptcy: Now a mandatory season of renewal. Gallagher, Tom // National Catholic Reporter;8/7/2009, Vol. 45 Issue 21, p23 

    The article focuses on the issues concerning the increasing bankruptcy of Catholic hospitals in the U.S. It states that the bankruptcy of such institutions started in 2005 when St. Vincent Catholic Medical Centers failed. There were also eight Catholic care hospitals that got bankrupted by the...

  • Hungary's Bankruptcy Experience, 1992-93 Gray, Cheryl W.; Schlorke, Sabine; Esfahani, Miklos // World Bank Economic Review;Sep96, Vol. 10 Issue 3, p425 

    The article examines Hungary's experience with bankruptcy from 1992 to 1993. It is said that the bankruptcy process in Hungary started reforms in the courts, trustee profession and the banks and may have succeeded in separating viable and unviable firms. An analysis of data from cases filed...

  • Predicting Business Failures in Canada. Boritz, J. Efrim; Kennedy, Duane B.; Sun, Jerry Y. // Accounting Perspectives;2007, Vol. 6 Issue 2, p141 

    Empirical researchers and practitioners frequently use the bankruptcy prediction models developed by Altman (1968) and Ohlson (1980). This poses a potential problem for practitioners in Canada and researchers working with Canadian data because the Altman and Ohlson models were developed using...

  • Good news, bad news. Sanders, Bob // New Hampshire Business Review;3/13/2009, Vol. 31 Issue 6, p4 

    The article reports on the business failures in the U.S. There were some 372 total bankruptcies in February 2009, about a third more than the 278 filed in the same period last year. The February filings exceeded the 309 filings in January. In New Hampshire, only MRP LLC has filed for bankruptcy,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics