BEHIND THE NEWS: ATA’s new flight plan: Rely on military for bulk of revenue
ATA Holdings Corp. has been so busy in recent months slashing scheduled service and reducing costs in other ways that its comparatively problem-free militarycharter business has received almost no public attention. But new filings in bankruptcy court show that business is expected to generate nearly 52 percent of ATA’s revenue in 2006, providing stability and a steady profit as the airline tries to regain its footing in scheduled service. The company, which sought Chapter 11 protection in October 2004, hopes…