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AirTran Airways to buy Chicago hub of bankrupt rival ATA Airlines.

Fort Worth Star-Telegram (Fort Worth, TX)

| October 27, 2004 | COPYRIGHT 2007 Fort Worth Star-Telegram. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Trebor Banstetter

Oct. 27--Fast-growing discount airline AirTran Airways plans to supercharge its expansion by buying the Chicago hub of bankrupt rival ATA Airlines for $87.5 million, the airline said Tuesday.

If the deal is approved, AirTran would boost its presence at Dallas/Fort Worth Airport by taking over ATA's nonstop flights to Chicago Midway Airport. And analysts say it will intensify the discount airline's competition with Fort Worth-based American Airlines.

ATA currently operates five flights a day from D/FW to Midway, as well as two flights a day to Indianapolis. It wasn't clear how many flights AirTran plans to operate between D/FW and…

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