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Article: Vendors clipped in ATA Holdings bankruptcy
- Article from:
- Indianapolis Business Journal
- Article date:
- November 8, 2004
- Author:
CopyrightCopyright IBJ Corporation Nov 08, 2004. Provided by ProQuest LLC. (Hide copyright information)
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ATA Holdings Corp.'s unsecured creditors include 28 suppliers with Indianapolis addresses, according to documents filed in the airline's Chapter 11 bankruptcy reorganization.
The airline owes Brehob Electrical Equipment about $7,000, estimated Brehob Treasurer Bill Donlan. That's a sizable amount for a smaller, familyowned business, he said. "I don't foresee getting all of it back."
Form/Tec Plastics in Martinsville, which sold ATA plastic trays that prevent debris falling through the floor of aircraft from reaching sensitive equipment below, isn't out quite that much money.
But principal Bill Shields was already simmering from a letter ATA sent that noted it didn't have to pay his claim in ...