State of the Airlines

Tuesday, January 25, 2005

NEWS: ATA Taps Southwest for Restructuring

ATA announced that retired Southwest Airlines exec John Denison has been hired as co-chief restructuring officer to help guide the airline through their bankruptcy. Push me over with a feather. Who would have thought that someone from Southwest, albeit retired, would have a hand in ATA's recovery effort. What I am trying to say is that Southwest Airlines bought into ATA for a reason (maybe several reasons) and putting someone into the recovery effort seems logical. I can hardly wait to see how this plays out.