U.S Department of Justice
United States Trustee, Region 10
Central & Southern Districts of Illinois
Northern & Southern Districts of Indiana
101 West Ohio Street, Suite 1000
Indianapolis, Indiana 46204
317/226-6101 ~ Fax 317/226-6356
Office of the United States Trustee- Region 10
Indianapolis, Indiana
Monthly Report
For
Debtors-in-Possession and Chapter 11 Trustees
Each month all Chapter 11 debtors must file two copies of this report with the
Bankruptcy Clerk. The report must be filed with the attached reports identified
below, ready for distribution to the U.S. Trustee no later than the 15th day of
month following the end of the calendar month covered by this report.
For the month ended: March 31, 2005
---------------
Date Bankruptcy filed: October 26, 2004
---------------
Debtor Names: ATA Holdings Corp. Case Numbers: 04-19866
ATA Airlines, Inc. 04-19868
Ambassadair Travel Club, Inc. 04-19869
ATA Leisure Corp. 04-19870
Amber Travel, Inc. 04-19871
American Trans Air Execujet, Inc. 04-19872
ATA Cargo, Inc. 04-19873
Chicago Express Airlines, Inc. 04-19874
Previously Required Documents ATTACHED SUBMITTED
-------- ---------
1. Monthly Income Statement X X
(P&L1) ----------- ----------
2. Monthly Cash Flow Report X X
(CF1; 3 pages) ----------- ----------
3. Statement of Operations X X
(Oprept ) ----------- ----------
4. Other reports/documents as X X
required by the U.S. Trustee ----------- ----------
The undersigned certifies under penalty of perjury that the information
contained in this and accompanying reports is complete, true and correct to the
best of my knowledge, information, and belief.
By: /s/ Wisty B. Malone Dated: 30-Apr-05
---------------------------- --------------
(Name)
Vice President and Controller Debtor's telephone number:(317)-282-4000
----------------------------- --------------
(Title)
Reports prepared by:Wisty B. Malone, Vice President and Controller/Treasurer
----------------- ----------------------------------------
(Name) (Title)
1
U.S Department of Justice
United States Trustee, Region 10
Central & Southern Districts of Illinois
Northern & Southern Districts of Indiana
101 West Ohio Street, Suite 1000
Indianapolis, Indiana 46204
317/226-6101 ~ Fax 317/226-6356
Office of the United States Trustee- Region 10
Indianapolis, Indiana
Statement of Operations
For the Month ended March 31, 2005
--------------
Debtor Names: ATA Holdings Corp.Case Numbers: 04-19866
ATA Airlines, Inc. 04-19868
Ambassadair Travel Club, Inc. 04-19869
ATA Leisure Corp. 04-19870
Amber Travel, Inc. 04-19871
American Trans Air Execujet, Inc. 04-19872
ATA Cargo, Inc. 04-19873
Chicago Express Airlines, Inc. 04-19874
1. What efforts have been made toward the presentation of a plan to creditors?
On March 1, ATA representatives met with representatives of the Creditors'
Committee, the Air Transportation Stabilization Board, and its DIP lender,
Southwest Airlines, in Chicago to present its 2005 business plan. On March 2,
the Company and Southwest Airlines executed the Second Amendment to the DIP
Credit Agreement. On March 31, an auction was held for the assets of Chicago
Express Airlines.
2. Has the Debtor in possession made any payments on the pre-petition unsecured
debt since the filing of the bankruptcy?
________ NO
___X____ YES - If yes, then identify to whom the payment was made, the date
paid, and the amount(s).
*Refer to Attachment A
3. Provide a brief narrative covering any significant events which occurred this
past month.
On March 7, ATA and Southwest Airlines announced the second codeshare city in
their network would be Phoenix, AZ. ATA offers flights to Honolulu and Maui,
Hawaii from Phoenix.
4. List the face value of accounts receivable as of the bankruptcy filing date,
$154,188,000.
List the face value of accounts receivable at filing date that are still
outstanding as of 3/31/2005, $25,236,075.
What amount of these receivables is considered uncollectible? $1,848,255.
5. If assets have been sold this month on other than the ordinary course of
business. Provide the following information:
a. assets(s) sold: Midway Hangar Lease and related assets
--------------------------------------
b. date of sale: 3/25/2005
--------------------------------------
c. sales price: $6,000,000
--------------------------------------
d. net amount received: $6,000,000
--------------------------------------
2
6. List payments made to principals, executives, or insiders (this includes
draws or cash withdrawals by individuals or partners. dividends, lease payments
on property owned by insider, loans, gross salaries, etc.)
Payee Name Position Amount Explanation
- ---------- -------- ------ -----------
Allen J Moebius Related to Officer $ 4,200 Salary
- ----------------- --------------------------- ----------- -------------
Eugene J Moebius Related to Officer 4,215 Salary
- ----------------- --------------------------- ----------- -------------
Gordon D Moebius Related to Officer 6,438 Salary
- ----------------- --------------------------- ----------- -------------
Chairman, Chief Executive
J George Mikelsons Officer & President 47,625 Salary
- ----------------- --------------------------- ----------- -------------
Muriel M Mikelsons Related to Officer 3,265 Salary
- ----------------- --------------------------- ----------- -------------
James W Hlavacek Vice Chairman 24,230 Salary
- ----------------- --------------------------- ----------- -------------
Former Senior Vice President
William Dale Beal Operations 20,038 Severance
- ----------------- --------------------------- ----------- -------------
Executive Vice President &
Gilbert F Viets Chief Financial Officer 25,231 Salary
- ----------------- --------------------------- ----------- -------------
John G Denison Chief Executive Officer 43,173 Salary
- ----------------- --------------------------- ----------- -------------
Former Senior Vice President
John B Happ Marketing & Sales 19,346 Severance
- ----------------- --------------------------- ----------- -------------
Senior Vice President Fight
John Graber Operations & Maintenance 19,346 Salary
- ----------------- --------------------------- ----------- -------------
Meeting
Claude Willis Non-employee Director 2,000 Participation
- ----------------- --------------------------- ----------- -------------
Meeting
Byron Johnson Non-employee Director 2,000 Participation
- ----------------- --------------------------- ----------- -------------
Meeting
Andrejs Stipnieks Non-employee Director 388 Participation
- ----------------- --------------------------- ----------- -------------
Meeting
Robert Able Non-employee Director 3,000 Participation
- ----------------- --------------------------- ----------- -------------
Lease Related
BETACO $ 74,232 & Rent
- ----------------- --------------------------- ----------- -------------
7. Schedule insurance coverage.
Type of Policy Expiration Date
-------------- ---------------
*Refer to Attachment B
----------------------- -----------------
Has any insurance coverage either been reduced or allowed to lapse during this
month? If so, explain what changes have taken place. Refer to Attachment B.
If any insurance coverage will expire within 60 days from this report, explain
what steps are being taken to renew existing policies or to acquire new
insurance coverage. Provide the United States Trustee with a new certificate.
*Refer to Attachment B.
8. Schedule of changes in personnel. Full Time Part Time
--------- ---------
a. Total number of employees
at beginning of this period, 2/28/2005 5,603 654
---------- -----------
b. Number hired during period. 6 17
---------- -----------
c. Number terminated or resigned. (389) (129)
---------- -----------
d. Total number of employees on
payroll at the end of this period. 5,220 542
---------- -----------
3
OFFICE OF THE US TRUSTEE-REGION 10
ATA HOLDINGS CORP. AND SUBSIDIARIES
MONTHLY CASH FLOW REPORT
for the month ended March 31, 2005
(Dollars in thousands)
March 31
2005
-----------
(Unaudited)
Operating activities:
Net loss before reorganization expenses $ (2,706)
Adjustments to reconcile net loss before reorganization
expenses to net cash (used in) operating activities:
Depreciation and amortization 4,037
Aircraft impairments and retirements 214
Other non-cash items 2,049
Changes in operating assets and liabilities:
Receivables 7,609
Inventories 3,091
Assets held for sale (3,250)
Prepaid expenses (4,499)
Accounts payable 212
Air traffic liabilities (7,946)
Liabilities subject to compromise (6,415)
Accrued expenses 3,794
-----------------
Net cash (used in) operating activities (3,810)
-----------------
Reorganization activities:
Reorganization items , net (312,662)
Prepaid expenses 15,114
Liabilities subject to compromise 207,679
Accrued expenses (2,093)
Noncurrent prepaid aircraft rent 65,031
Impairment of assets held for sale 11,280
Other non-cash items 12,409
Proceeds from sales of property and equipment 6,000
-----------------
Net cash provided by reorganization activities 2,758
-----------------
Investing activities:
Capital expenditures (1,044)
Noncurrent prepaid aircraft rent (461)
(Additions) reductions to other assets (16)
Proceeds from sales of property and equipment 10
-----------------
Net cash (used in) investing activities (1,511)
-----------------
Financing activities:
Payments on long term debt -
Increase in restricted cash (474)
-----------------
Net cash (used in) financing activities (474)
-----------------
Decrease in cash and cash equivalents (3,037)
Cash and cash equivalents, beginning of period 104,550
-----------------
Cash and cash equivalents, end of period $ 101,513
=================
Cash Flow Summary
- -----------------
Cash at 2/28/2005 104,550
Receipts 126,745
Disbursements (129,782)
-----------------
Cash at 3/31/2005 $ 101,513
=================
4
OFFICE OF THE US TRUSTEE-REGION 10
MONTHLY CASH FLOW REPORT
For the Month ended March 31, 2005
STATUS OF TAXES
ADJUSTED **AMOUNT
BEGINNING WITHHELD AMOUNT ENDING
*TAX LIABILITY OR \ACCRUED PAID TAX LIABILITY
FEDERAL
withholding $ 0 $ 2,218,586 $ (3,105,811) $ (887,225)
-------------- ---------------- --------------- -----------------
FICA-employee and employer 1,030,305 2,980,696 (4,129,008) (118,006)
-------------- ---------------- --------------- -----------------
unemployment (2,879) 73,858 (56,688) 14,291
-------------- ---------------- --------------- -----------------
income - - - -
-------------- ---------------- --------------- -----------------
1 excise tax on transportation 3,272,289 7,912,728 (4,860,522) 6,324,495
-------------- ---------------- --------------- -----------------
2 passenger facility charges 1,848,359 1,524,649 (1,863,770) 1,509,239
-------------- ---------------- --------------- -----------------
3 US passenger security fee 1,404,825 1,188,547 (1,402,520) 1,190,851
-------------- ---------------- --------------- -----------------
3 customs and immigration Fees 393,295 266,143 (4,948) 654,490
-------------- ---------------- --------------- -----------------
3 APHIS fees 191,669 125,883 (496) 317,056
-------------- ---------------- --------------- -----------------
APHIS by aircraft 26,880 14,280 - 41,160
-------------- ---------------- --------------- -----------------
a. subtotal $ 8,164,744 $ 13,994,265 $ (15,423,763) $ 9,046,351
============== ================ ================ =================
STATE & LOCAL
- -------------
withholding $ 16 $ 604,280 $ (861,483) $ (257,187)
--------------- ---------------- ---------------- -----------------
sales/use tax 230,410 8,778 (150) 239,038
--------------- ---------------- ---------------- -----------------
unemployment 1,208,099 467,956 (556,834) 1,119,221
--------------- ---------------- ---------------- -----------------
income - - - -
--------------- ---------------- ---------------- -----------------
other real property 470,880 72,715 (5,000) 538,595
--------------- ---------------- ---------------- -----------------
personal property 1,788,761 383,597 (1,348) 2,171,010
--------------- ---------------- ---------------- -----------------
b.subtotal $ 3,698,166 $ 1,537,326 $ (1,424,816) $ 3,810,677
=============== ================ ================ =================
FOREIGN
c.subtotal $ 2,955,458 $ 518,191 $ (1,003,076) $ 2,470,573
=============== ================ ================ =================
TOTAL TAXES PAID-from a., b.& c. above $ (17,851,654)
================
Explain the reason for any past due post-petition taxes: N/A
---------------
----------------------------------------------------------------------------------------------------------------------------------
1 Excise taxes are collected from the passenger and held in a separate
segregated corporate account entitled "IRS Trust Tax Funds."
2 Passenger facility charges are collected from the passenger and held in a
separate segregated corporate account entitled "PFC Trust Funds Account."
3 US Passenger security fees, USDA APHIS fee (Animal & Plant Health Inspection
Service), US Customs - Air passenger user fee, and Immigration & Naturalization
Service - Inspection fee are collected from the passenger and are held in a
separate segregated corporate account entitled "US Government Trust Funds."
*The beginning tax liability represents liabilities which the Company has
received authorization and intends to pay as well as liabilities incurred
post-petition.
**Includes adjustments.
5
OFFICE OF THE U.S. TRUSTEE- REGION 10
ATA HOLDINGS CORP. AND SUBSIDIARIES
AGING SCHEDULES FOR PAYABLES
for the month ended March 31, 2005
Current
( 0-30 days ) 31-60 days 61-90 days 91 & over Total
-------------- ----------- ----------- ------------ ------------
Accounts Payable1
Post-Petition only $ 4,510,260 201,699 30,712 346,606 $ 5,089,277
---------------- ----------- ----------- ------------ ------------
Account Beginning Ending
Post Petition Bank Bank Name Number Balance Balance
--------- --------- --------- -------
* Refer to Attachment C
--------- --------- --------- -------
Cash Disbursements by Company
Company Name Disbursement Amount
------------ -------------------
ATA Holdings Corp. $ -
--------------------
ATA Airlines, Inc. 124,035,836
--------------------
Ambassadair Travel Club, Inc. 1,704,599
--------------------
ATA Leisure Corp. -
--------------------
Amber Travel, Inc. 11,520
--------------------
American Trans Air Execujet, Inc. 185,516
--------------------
ATA Cargo, Inc. 250,812
--------------------
Chicago Express Airlines, Inc. 3,593,706
--------------------
--------------------
Total $ 129,781,989
====================
1 Accounts Payable balances are aged based on invoice date, not due date, and
represent all post-petition invoices in the Accounts Payable System.
6
OFFICE OF THE US TRUSTEE-REGION 10
ATA HOLDINGS CORP. AND SUBSIDIARIES
MONTHLY INCOME STATEMENT
for the month ended March 31, 2005
(Dollars in thousands, except per share data)
March 31, 2005
2005 Year to Date
------------ -------------
(Unaudited) (Unaudited)
Operating revenues:
Scheduled service $ 65,425 $ 174,222
Charter 42,538 118,171
Ground package 1,252 5,236
Other 3,283 10,647
------------ -------------
Total operating revenues 112,498 308,276
------------ -------------
Operating expenses:
Salaries, wages and benefits 29,160 91,173
Fuel and oil 28,179 83,178
Aircraft rentals 14,582 46,269
Handling, landing and navigation fees 8,161 27,905
Aircraft maintenance, materials and repairs 4,923 15,149
Depreciation and amortization 4,037 12,200
Crew and other employee travel 4,161 12,062
Passenger service 3,680 10,247
Other selling expenses 2,813 8,143
Commissions 2,788 8,063
Facilities and other rentals 2,204 7,002
Insurance 1,689 5,581
Ground package cost 1,051 4,328
Advertising 1,125 2,958
Aircraft impairments and retirements 214 403
Other 5,926 16,363
------------ -------------
Total operating expenses 114,693 351,024
------------ -------------
Operating loss (2,195) (42,748)
Other income (expense):
Interest income 167 457
Interest expense (599) (1,671)
Reorganization expenses (312,662) (318,483)
Other (79) (236)
------------ -------------
Other expense (313,173) (319,933)
------------ -------------
Loss before income taxes (315,368) (362,681)
Income taxes - -
------------ -------------
Net loss (315,368) (362,681)
Preferred stock dividends - -
----------- -------------
Loss available to common shareholders $ (315,368) $ (362,681)
============ =============
Basic earnings per common share:
Average shares outstanding 11,824,287 11,824,287
Net loss per share $ (26.67) $ (30.67)
============ =============
Diluted earnings per common share:
Average shares outstanding 11,824,287 11,824,287
Net loss per share $ (26.67) $ (30.67)
============ =============
Note: These consolidated financial statements are unaudited and preliminary and
do not include footnote disclosures. They include certain estimates that were
based on information available at the time of filing, and are subject to change.
The financial statements will be included as a component of ATA Holdings Corp.
and subsidiaries first quarter 2005 unaudited consolidated financial statements
required to be filed with the Quarterly Report on Form 10Q with the Securities
and Exchange Commission by May 16, 2005.
7
OFFICE OF THE US TRUSTEE-REGION 10
ATA HOLDINGS CORP. AND SUBSIDIARIES
MONTHLY BALANCE SHEET
for the month ended March 31, 2005
(Dollars in thousands)
March 31,
2005
--------------------
ASSETS (Unaudited)
Current assets:
Cash and cash equivalents $ 101,513
Receivables, net of allowance for doubtful accounts
(2005 - $3,195; 2004 - $2,608) 118,108
Inventories, net 34,990
Assets held for sale 3,250
Prepaid expenses and other current 41,342
--------------------
Total current assets 299,203
Property and equipment:
Flight equipment 174,018
Facilities and ground equipment 141,635
--------------------
315,653
Accumulated depreciation (163,503)
--------------------
152,150
Restricted cash 31,300
Goodwill 6,987
Prepaid aircraft rent 220
Investment in BATA 6,379
Deposits and other assets 25,102
---------------------
Total assets $ 521,341
=====================
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current liabilities:
Short-term debt 41,000
Accounts payable 5,089
Air traffic liabilities 80,747
Accrued expenses 128,453
---------------------
Total current liabilities 255,289
Other deferred items 34,563
---------------------
Total liabilities 289,852
Liabilities subject to compromise 1,484,726
Commitments and contingencies
Convertible redeemable preferred stock - subject to compromise; authorized and issued 300 shares 30,000
Shareholders' deficit:
Preferred stock; authorized 9,999,200 shares; none issued - Common stock,
without par value; authorized 30,000,000 shares;
issued 13,535,727 - 2005; 13,535,727 - 2004 66,013
Treasury stock; 1,711,440 shares - 2005; 1,711,440 shares - 2004 (24,778)
Additional paid-in capital 18,166
Accumulated deficit (1,342,638)
---------------------
Total shareholders' deficit (1,283,237)
---------------------
Total liabilities and shareholders' deficit $ 521,341
=====================
Note: These consolidated financial statements are unaudited and preliminary and
do not include footnote disclosures. They include certain estimates that were
based on information available at the time of filing, and are subject to change.
The financial statements will be included as a component of ATA Holdings Corp.
and subsidiaries first quarter 2005 unaudited consolidated financial statements
required to be filed with the Quarterly Report on Form 10Q with the Securities
and Exchange Commission by May 16, 2005.
8
ATA Holdings Corp.
Cash Payments to Bankruptcy Professionals
Payments made in March 2005
-------------- -----------------
Amount Cleared Date
-------------- -----------------
Akin , Gump, Strauss, Hauer & Feld LLP $289,672 3/23/2005
Baker & Daniels $578,549 3/4/2005 & 3/22/2005
BMC $243,661 3/14/2005
Compass Advisors $25,000 3/8/2005
Ernst & Young $275,236 3/2/2005 & 3/4/2005
Huron Consulting $1,873,317 3/4/2005
Lazard Freres & Co. $516,340 3/16/2005 & 3/21/2005
Ponader & Associates $5,792 3/16/2005
Paul, Hastings, Janofsky $105,460 3/2/2005, 3/22/2005
& 3/31/2005
Spencer Stuart $61,101 3/30/2005
--------------
Total $3,974,128
--------------
9
Attachment A: Summary of Pre-Petition Payments made during March 2005
Paid In Accordance With: Amount
--------------------------
Clearinghouse / Interline Agreements Motion $ -
Specific Court Approval 38,874
Customer Programs Motion or Employee Obligations Motion 547,724
Insurance Motion -
Not Asset of Estate or Tax Motion 276,549
Airport Fees Motion 257,474
--------------
Total Pre-Petition Payments $ 1,120,621
==============
10
Attachment B: Schedule of Insurance Coverage
Insurer Expiration Date Purpose
Chubb Custom Insurance Co. January 1, 2005 Foreign Auto Coverage (Jamaica)
*Policy cancelled due to sale of automobile and
cancellation of service.
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Zurich American Insurance Co. February 15, 2006 Liability for bodily injury and property damage
resulting form Travel Agency/Tour Operations
- --------------------------------------------------- ----------------------- ---------------------------------------------------
National Union Fire Insurance Co. of Pittsburgh, March 31, 2006 Directors and Officers liability (primary layer)
PA
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Great American March 31, 2006 Directors and Officers liability (excess layer)
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Federal Insurance Company (Chubb) March 31, 2006 Directors and Officers liability (second excess
layer)
- --------------------------------------------------- ----------------------- ---------------------------------------------------
St. Paul March 31, 2006 Directors and Officers liability (third excess
layer)
- --------------------------------------------------- ----------------------- ---------------------------------------------------
XL Specialty Insurance Company March 31, 2006 Directors and Officers liability (fourth excess
layer)
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Ing Seguros Commercial America March 18, 2005 Mexican General Liability
*Full renewal process underway.
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Ing Seguros Comercial America October 1, 2005 Mexican Auto Policy
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Ing Seguros Comercial America October 1, 2005 Mexican Auto Policy
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Hartford Fire Insurance Company August 15, 2005 Domestic Automobile Liability and Physical Damage
Coverage
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Federal Insurance Company (Chubb) May 23, 2005 Executive Protection Policies
*Renewal process underway.
- --------------------------------------------------- ----------------------- ---------------------------------------------------
XL Insurance (Bermuda) July 7, 2005 Employment Practices Liability
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Affiliated FM August 15, 2005 Property Coverage
- --------------------------------------------------- ----------------------- ---------------------------------------------------
ING Commercial America, S.A. August 1, 2005 Property Coverage (Mexico)
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Chubb Custom August 19, 2012 Pollution Legal Liability
- --------------------------------------------------- ----------------------- ---------------------------------------------------
American International Aviation Agency, Inc. - October 1, 2005 Aviation Hull & Liability
15% / XL Aerospace - 10% / Le Reunion Aerienne -
11% / AXA (AGL) - 5% / Amlin (AGL) - 6% / Axis
(AGL) - 7.5% / St. Paul (AGL) - 2.5% / Markel
(AGL) - 1.5% / Swiss Re (AGL) - 4% / Frankona
(AGL) - 15% / Allianz(AGL - 5% / Global Aerospace,
Inc - 17.5%
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Federal Aviation Administration August 31, 2005 Aviation Hull War Risks & War Third Party Liability
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Illinois National Insurance Company October 1, 2005 Premises, Products & Hangarkeepers
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Illinois National Insurance Company October 1, 2005 Aircraft Hull and Liability
- --------------------------------------------------- ----------------------- ---------------------------------------------------
Ing Seguros Comercial America October 1, 2005 Public Liability Aircraft Policy
- --------------------------------------------------- ----------------------- ---------------------------------------------------
AIG December 14, 2005 Workers' Comp
- --------------------------------------------------- ----------------------- ---------------------------------------------------
The Insurance Company of the State of Pennsylvania December 14, 2005 Casualty Program (Defense Base Act)
- --------------------------------------------------- ----------------------- ---------------------------------------------------
American Int'l Insurance Co. December 15, 2005 Puerto Rico Auto
- --------------------------------------------------- ----------------------- ---------------------------------------------------
11
Attachment C: Post Petition Bank Accounts
Bank Name Bank Account # Account Description Legal Entity Beginning Balance Ending Balance
- --------- -------------- -------------------- ------------ ----------------- --------------
National City Bank 584979615 Ambassadair Fiduciary - Ambassadair
ARC debits/credits $ 860 $ 860
- --------------------- -------------- ------------------------- ------------------ --------------- ---------------
National City Bank 198378 Ambassadair credit card Ambassadair
receipts, deposits $ 4,270 $ (47,545)
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 698307393 Outstation SBN ATA Airlines $ 3,573 $ -
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Caribbean 23296308 Outstation AUA ATA Airlines
Mercantile Bank N.V. $ 9,028 $ 10,537
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
SouthTrust Bank 30000006 Outstation - FLL ATA Airlines $ 3,668 $ 8,860
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Bank of America 1233185823 / Outstation SEA, SFO, MCO, ATA Airlines
1233000909 / LAX, SJC, DFW
1233000904 /
1000006268 /
1233401176 /
1235203716 $ 183,168 $ 361,092
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
US Bank 873792676 Outstation MSP, CID ATA Airlines $ 51,411 $ 74,043
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Banco-Popular 107-01620-6 Outstation SJU ATA Airlines $ 47,384 $ 95,504
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 202206 IND CTO, TBM, Corporate ATA Airlines
Travel, GRP, AGY $ 40,858 $ 14,230
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 109312 ATA Airlines Inc - Main ATA Airlines
Disbursement - wires $ 411,910 $ 862,009
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Foreign Coin $ 7,858 $ 7,508
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Lloyds Bank 763409 Checking - Foreign Payroll ATA Airlines
$ 19,205 $ 19,505
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Bank One 02389-93 Outstation GRR, FNT ATA Airlines $ 12,425 $ 22,431
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Bank One 5690439 Outstation MDW, ORD, CHI, ATA Airlines
TBM $ 242,139 $ 537,373
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wachovia 14739239 Outstation SRQ ATA Airlines $ 7,251 $ 13,798
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Fleet 52743764 Outstation BOS ATA Airlines $ 6,819 $ 18,003
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wells Fargo Bank 0832-884571 Outstation LAS ATA Airlines
Nevada $ 28,324 $ 24,882
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 203195 ATA Airlines Inc - Tax ATA Airlines
Fiduciary $ - $ (1,402,520)
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Lloyd's Bank 170424 LGW Petty Cash ATA Airlines $ 601 $ 614
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Bank of Hawaii 18023997 Outstation HNL, OGG ATA Airlines $ 215,614 $ 284,141
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Citibank 3813-7141 Outstation LGA ATA Airlines $ 46,848 $ 109,549
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Dresdner 5402815 D mark checking ATA Airlines $ 29,183 $ (126,759)
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Bank One 700016621867 Payroll (mainly manual ATA Airlines
checks) $ 101,222 $ 126,552
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 442559773 Mexican Checking ATA Airlines $ (757,179) $ 38,057
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wells Fargo 0822-605440 Outstation PHX ATA Airlines $ 7,613 $ 17,967
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wachovia 3764120 Outstation PHL ATA Airlines $ 1,000 $ 1,000
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Royal Bank of Canada 100-535-4 Outstation NAS ATA Airlines $ 1,350 $ 1,350
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 196590 ATA Airlines Inc - Captain ATA Airlines
Checks $ 224,918 $ 278,703
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
12
Attachment C: Post Petition Bank Accounts - Cont.
Bank Name Bank Account # Account Description Legal Entity Beginning Balance Ending Balance
- --------- -------------- -------------------- ------------ ----------------- --------------
National City Bank 7730034514 ATA Airlines Holdings Corp ATA Holdings
- Per Diem Corp $ 159 $ 721
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wachovia 13904573 Outstation MIA ATA Airlines $ 869 $ 968
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
M&I (Marshall & 24083345 Outstation MKE, MSN ATA Airlines
Ilsley) $ 3,503 $ 6,363
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Key Bank 5001290152 Outstation DAY ATA Airlines $ 1,025 $ 989
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
First American 6583021096 Outstation DSM ATA Airlines $ 1,293 $ 1,293
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Citizens National ATA Airlines $ 2,794 $ 3,858
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
JP MorganChase 910 2 772812 Travel Agency ACH ATA Airlines $ 165,210 $ 165,210
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
US Bank 103655382945 Outstation DEN ATA Airlines $ 42,550 $ 58,904
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Citibank 40798686 Health Claims - CIGNA ATA Airlines $ - $ -
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 884034141 Outstation SPI ATA Airlines $ 958 $ 1,000
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wachovia 14739271 Outstation PIE, RSW ATA Airlines $ 36,623 $ 78,078
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wachovia 13890849 Outstation EWR, DCA, CLT ATA Airlines $ 22,606 $ 44,263
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Lloyd TSB USD 11257374 ATA Airlines $ 26,484 $ 26,484
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Wachovia 11052757 Disability Claims ATA Airlines $ (3,624) $ 5,421
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 132595923 Outstation GDL - USD ATA Airlines $ 117,309 $ 131,543
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 132595842 Outstation GDL - MXP ATA Airlines $ 153,611 $ 164,796
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 132595907 Outstation CUN - MXP ATA Airlines $ 9,595 $ 10,554
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 132595982 Outstation CUN - USD ATA Airlines $ 46,195 $ 46,606
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 884153730 Outstation MLI ATA Airlines $ 1,000 $ 1,000
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 657391691 Outstation TOL ATA Airlines $ 1,000 $ 1,000
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 754213387 Outstation - LEX ATA Airlines $ 654,504 $ 653,527
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
JP MorganChase 475017986 Healthcare Claims - United ATA Airlines
Healthcare $ (298,417) $ (191,151)
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 137308310 Outstation PVR - USD ATA Airlines $ 4,836 $ 6,058
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
BBVA-Bancomer, S.A. 137303262 Outstation PVR - MXP ATA Airlines $ 1,752 $ 1,750
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
JP MorganChase 475018737 Flexible Spending Account ATA Airlines $ 126,975 $ 148,840
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 658807273 Outstation PIT ATA Airlines $ 996 $ 1,000
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 981092693 ATA Airlines Inc - Payroll ATA Airlines $ 201,446 $ 136,612
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
Trancentrix N/A Foreign Payments $ 1,114,022 $ (228,378)
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 981094058 Outstation FWA ATA Airlines $ - $ -
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 135597 & 7000000419 Main Disbursement - checks ATA Holdings Corp. $ (6,671,122) $(3,966,680)
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City 202031 Deposits and Credit Card Amber Tours
receipts $ - $ -
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank 203551 ATA Airlines Inc - Amber Amber Travel
Travel Fiduciary (ARC) $ 514 $ 514
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
National City Bank ATA Airlines Inc - Amber Amber Travel
Travel Fiduciary (ARC) $ 47,548 $ -
- --------------------- -------------- -------------------------- ------------------ ---------------- ----------------
13
Attachment C: Post Petition Bank Accounts - Cont.
Bank Name Bank Account # Account Description Legal Entity Beginning Balance Ending Balance
- --------- -------------- ------------------- ------------ ----------------- --------------
National City Bank 203564 Deposits and Credit Card Amber Travel
receipts $ - $ -
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Fifth/Third 1415486 ATA Airlines Cargo ATA Cargo Inc $ 9,045 $ 17,417
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
National City 204149 Deposits and Credit Card American Trans Air
Receipts Execujet, Inc. $ (5,679) $ (5,679)
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Regions 205133 Operating/Disbursement Chicago Express
Account $ (270,326) $ -
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Bank One 4273893 Depository - Any money Chicago Express
received $ 120,489 $ -
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Regions 205133 Investment Sweep Chicago Express $ 390,492 $ -
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
National City Bank 758014652 Petty cash - South Bend Chicago Express
$ 425 $ -
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
National City/US 0622608/4200778346 Investment Account ATA Airlines
Bank/Morgan
Stanley/Union
Planters $ 92,677,882 $ 85,707,653
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Bank One Money Market - Officer's ATA Holdings
Salaries $ 716,907 $ 751,051
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Money Market Fund Washington
Assurance $ 229,322 $ 200,841
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Other
$ (9,300)
------------------
SPECIAL PURPOSE ACCOUNTS
First Indiana Bank 10101410 IRS Tax Trust ATA Airlines $ 8,628,424 $ 9,336,129
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
First Indiana Bank 10101423 PFC Trust ATA Airlines $ 3,319,442 $ 3,162,146
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
First Indiana Bank 10101436 U.S. Gov't Trust ATA Airlines $ 1,921,312 $ 3,641,785
- --------------------- -------------- -------------------------- ------------------ ------------------ ------------------
Bank Account Total: $ 104,501,271 $ 101,464,930
Petty Cash Total: $ 49,586 48,335
------------------ ------------------
Total Funds: $ 104,550,857 $ 101,513,265
================== ==================
*Bank account balances reflect general ledger balances. Negative balances are a
result of recording expense when checks are written. These bank accounts are
funded as checks clear.
14