UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


     Date of report (Date of earliest event reported)  March 1, 2005

                               ATA Holdings Corp.
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             (Exact Name of Registrant as Specified in Its Charter)

                                     Indiana
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                 (State or Other Jurisdiction of Incorporation)

               000-21642                          35-1617970
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         (Commission File Number)         (IRS Employer Identification No.)

        7337 West Washington Street
           Indianapolis, Indiana                                 46231
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     (Address of Principal Executive Offices)                   (Zip Code)

                                 (317) 247-4000
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              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
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          (Former Name or Former Address, if Changed Since Last Report)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     |_| Written  communications  pursuant to Rule 425 under the  Securities Act
(17 CFR 230.425)

     |_| Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_|  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
Exchange Act (17 CFR 240.14d-2(b))

     |_|  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
Exchange Act (17 CFR 240.13e-4(c))







Item 8.01. Other Events.

     On March 1, 2005, ATA Holdings Corp. (the "Company")  filed the monthly
operating  report for the period from January 1, 2005  through  January 31, 2005
with the United States  Bankruptcy Court for the Southern District of Indiana in
connection with the voluntary  petitions for  reorganization  of the Company and
certain  subsidiaries  under  Chapter  11 of  Title  11  of  the  United  States
Bankruptcy  Code  (Case  No.  04-19866  (jointly  administered)).  A copy of the
monthly operating report is provided hereunder as Exhibit 99.



Item 9.01 Financial Statements and Exhibits.

     (c)  Exhibits


     Exhibit       Description

      99           Monthly Operating Report of ATA Holdings Corp. for the period
                   January 1, 2005 through January 31, 2005

     Certain of the  information  contained in this report  should be considered
"forward-looking  statements"  within  the  meaning  of the  Private  Securities
Litigation  Reform Act of 1995 that  reflect the  Company's  current  views with
respect to certain  current and future  events and financial  performance.  Such
forward-looking  statements are and will be, as the case may be, subject to many
risks,  uncertainties  and factors  relating  to the  Company's  operations  and
business  environments  which may cause the actual  results of the Company to be
materially  different  from any  future  results  expressed  or  implied in such
forward-looking  statements.  Factors that could cause actual  results to differ
materially from these  forward-looking  statements include,  but are not limited
to, the  following:  the ability of the Company to continue as a going  concern;
the ability of the Company to develop, prosecute,  confirm and consummate one or
more  plans of  reorganization  with  respect  to the  Chapter  11  case;  risks
associated with third parties seeking and obtaining bankruptcy court approval to
terminate  or shorten  the  exclusivity  period for the  Company to propose  and
confirm one or more plans of reorganization, for the appointment of a Chapter 11
trustee or to convert  the case to a Chapter 7 case;  the ability of the Company
to obtain and  maintain  normal terms with  vendors and service  providers;  the
Company's ability to maintain contracts that are critical to its operations; the
potential  adverse  impact of the Chapter 11 case on the Company's  liquidity or
results of  operations;  the  ability of the  Company  to fund and  execute  its
business  plan  and to  attract,  motivate  and/or  retain  key  executives  and
associates;  the ability of the Company to attract and retain customers;  demand
for  transportation  in the  markets in which the  companies  operate;  economic
conditions;  the effects of any hostilities or act of war; labor costs; aviation
fuel costs;  competitive  pressures  on pricing  (particularly  from  lower-cost
competitors);  weather conditions;  government  legislation and regulation;  and
other  risks  and  uncertainties  set forth  from time to time in the  Company's
reports to the United States Securities and Exchange Commission.

                                       2.


     Similarly,   these  and  other   factors,   including   the  terms  of  any
reorganization plan ultimately confirmed,  can affect the value of the Company's
various pre-petition  liabilities,  common stock and/or other equity securities.
No  assurance  can be given as to what values,  if any,  will be ascribed in the
bankruptcy proceedings to each of these constituencies,  and it is possible that
the Company will be restructured in a manner that will  substantially  reduce or
eliminate  any  remaining  value.  Accordingly,   the  Company  urges  that  the
appropriate caution be exercised with respect to existing and future investments
in any of these liabilities and/or securities.

                                       3.




                               SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                               ATA HOLDINGS CORP.

Date: March 2, 2005            By: /s/ Brian T. Hunt

                               Name:  Brian T. Hunt
                               Title: Senior Vice President & General Counsel