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: April 30, 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: 31-May-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 April 30, 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 April 18, 2005, the Company met with its Creditors' Committee, the Air
Transportation Stabilization Board, and its DIP lender, Southwest Airlines, to
present a revised business plan. On April 15, 2005, the Company and Southwest
Airlines executed the Third Amendment to the DIP Credit Agreement.
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 April 11, ATA significantly reduced its operations in the Indianapolis
market.
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 4/30/2005, $22,559,144
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: none
-------------------------------
b. date of sale:
-------------------------------
c. sales price:
-------------------------------
d. net amount received:
-------------------------------
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 $ 7,085 Salary
- ----------------- ------------------------- ----------- ------------
Eugene J Moebius Related to Officer $ 9,688 Salary
- ----------------- ------------------------- ----------- ------------
Gordon D Moebius Related to Officer $ 9,657 Salary
- ----------------- ------------------------- ----------- ------------
J George Mikelsons Chairman, Chief Executive $ 71,658 Salary
Officer & President
- ----------------- ------------------------- ----------- ------------
Muriel M Mikelsons Related to Officer $ 4,898 Salary
- ----------------- ------------------------- ----------- ------------
James W Hlavacek Vice Chairman $ 36,346 Salary
- ----------------- ------------------------- ----------- ------------
William Dale Beal Former Senior Vice $ 29,558 Severance
President Operations
- ----------------- ------------------------- ----------- ------------
Gilbert F Viets Executive Vice President & $ 37,346 Salary
Chief Financial Officer
- ----------------- ------------------------- ----------- ------------
John G Denison Chief Executive Officer, ATA $ 36,346 Salary
Airlines, Inc.
- ----------------- ------------------------- ----------- ------------
John B Happ Former Senior Vice President $ 28,519 Severance
Marketing & Sales
- ----------------- ------------------------- ----------- ------------
John Graber Senior Vice President Fight $ 28,519 Salary
Operations & Maintenance
- ----------------- ------------------------- ----------- ------------
BETACO $ 73,033 Lease Related
& 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, 3/31/2005 5,220 542
------------ ---------------
b. Number hired during period. 8 8
------------ ---------------
c. Number terminated or resigned. (802) (191)
------------ ---------------
d. Total number of employees on
payroll at the end of this period. 4,426 359
------------ ---------------
3
OFFICE OF THE US TRUSTEE-REGION 10
ATA HOLDINGS CORP. AND SUBSIDIARIES
MONTHLY CASH FLOW REPORT
for the month ended April, 2005
-----------
(Dollars in thousands)
April 30
2005
--------------------
(Unaudited)
Operating activities:
Net loss before reorganization expenses $ (11,453)
Adjustments to reconcile net loss before
reorganization expenses to net cash
(used in) operating activities:
Depreciation and amortization 3,860
Other non-cash items (62)
Changes in operating assets and liabilities:
Receivables 4,889
Inventories (1,234)
Prepaid expenses 192
Accounts payable 1,397
Air traffic liabilities (5,343)
Liabilities subject to compromise 575
Accrued expenses (5,383)
----------------------
Net cash (used in) operating activities (12,562)
----------------------
Reorganization activities:
Reorganization items , net (1,186)
Prepaid expenses 196
Accrued expenses 461
Other non-cash items (426)
----------------------
Net cash (used in) reorganization activities (955)
----------------------
Investing activities:
Capital expenditures (784)
Noncurrent prepaid aircraft rent 17
(Additions) reductions to other asset (274)
Proceeds from sales of property and equipment 229
----------------------
Net cash (used in) investing activities (812)
----------------------
Financing activities:
Increase in restricted cash 1,508
----------------------
Net cash provided by financing activities 1,508
----------------------
Decrease in cash and cash equivalents. (12,821)
Cash and cash equivalents, beginning of period 101,513
----------------------
Cash and cash equivalents, end of period$ 88,692
======================
Cash Flow Summary
- -----------------
Cash at 3/31/2005 101,513
Receipts 98,422
Disbursements (111,243)
----------------------
Cash at 4/30/2005 88,692
======================
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 second quarter 2005 unaudited consolidated financial statements
required to be filed with the Quarterly Report on Form 10Q with the Securities
and Exchange Commission by Aug 15, 2005.
4
OFFICE OF THE US TRUSTEE-REGION 10
MONTHLY CASH FLOW REPORT
For the Month ended April 30, 2005
--------------
STATUS OF TAXES
ADJUSTED **AMOUNT
BEGINNING WITHHELD AMOUNT ENDING
*TAX LIABILITY OR \ACCRUED PAID TAX LIABILITY
------------------------ ---------------- ----------------- ------------------
FEDERAL
- -------
withholding $ (887,225) $ 2,926,843 $ (2,039,618) $ 0
------------------------ ---------------- ----------------- ------------------
FICA-employee and employer (118,006) 3,465,759 (2,658,849) 688,904
------------------------ ---------------- ----------------- ------------------
unemployment 14,291 1,840 (15,720 411
------------------------ ---------------- ----------------- ------------------
income - - - -
------------------------ ---------------- ----------------- ------------------
1 excise tax on transportation 6,324,495 4,198,411 (5,341,880) 5,181,026
------------------------ ---------------- ----------------- ------------------
2 passenger facility charges 1,509,239 1,134,549 - 2,643,787
------------------------ ---------------- ----------------- ------------------
3 US passenger security fee 1,190,851 923,331 (1,185,810) 928,372
------------------------ ---------------- ----------------- ------------------
3 customs and immigration Fees 654,490 170,138 (649,081) 175,547
------------------------ ---------------- ----------------- ------------------
3 APHIS fees 317,056 87,462 (317,196) 87,322
------------------------ ---------------- ----------------- ------------------
APHIS by aircraft 41,160 11,900 (41,160) 11,900
------------------------ ---------------- ----------------- ------------------
a. subtotal $ 9,046,351 $ 12,920,231 $ (12,249,314) $ 9,717,268
======================== ================ ================== ===================
STATE & LOCAL
- -------------
withholding $ (257,187) $ 814,805 $ (561,919) $ (4,301)
------------------------ ---------------- ------------------ -------------------
sales/use tax 239,038 36,355 (21) 275,372
------------------------ ---------------- ------------------ -------------------
unemployment 1,119,221 (866,208) (178,915) 74,098
------------------------ ---------------- ------------------ -------------------
income - - - -
------------------------ ---------------- ------------------ -------------------
other real property 538,595 49,789 (13,013) 575,371
------------------------ ---------------- ------------------ -------------------
personal property 2,171,010 327,458 (407,257) 2,091,211
------------------------ ---------------- ------------------ -------------------
b.subtotal $ 3,810,677 $ 362,199 $ (1,161,125) $ 3,011,751
======================== ================ ================== ===================
FOREIGN
c.subtotal $ 2,470,573 $ 486,561 $ (306,241) $ 2,650,893
======================== ================ ================== ===================
TAL TAXES PAID-from a., b.& c. above $ (13,716,679)
=================
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 April 30, 2005
Current 31-60 days 61-90 days 91 & over Total
( 0-30 days )
-------------- ------------ ----------- ------------ -------------
Accounts Payable1
Post-Petition only $ 4,263,529 1,557,783.21 165,563.69 499,603.31 $ 6,486,480
----------------- ------------ ------------ ------------ ----------------
Beginning
Post Petition Bank Bank Name Account Number Balance Ending Balance
-------- -------------- ----------- --------------
* Refer to Attachment C
-------- -------------- ----------- --------------
Cash Disbursements by Company
Company Name Disbursement Amount
ATA Holdings Corp. $ -
--------------------------
ATA Airlines, Inc. 109,255,195
--------------------------
Ambassadair Travel Club, Inc. 1,210,769
--------------------------
ATA Leisure Corp. -
--------------------------
Amber Travel, Inc. 6,343
--------------------------
American Trans Air Execujet, Inc. 133,225
--------------------------
ATA Cargo, Inc. 159,207
--------------------------
Chicago Express Airlines, Inc. 477,973
--------------------------
--------------------------
Total $ 111,242,712
==========================
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 April 30, 2005
(Dollars in thousands, except per share data)
April 30, 2005
2005 Year to Date
---------------- --------------
(Unaudited) (Unaudited)
Operating revenues:
Scheduled service $ 47,099 $ 221,321
Charter 34,896 153,067
Ground package 1,553 6,789
Other 3,566 14,213
---------------- --------------
Total operating revenues 87,114 395,390
---------------- --------------
Operating expenses:
Fuel and oil 25,595 108,773
Salaries, wages and benefits 23,010 114,183
Aircraft rentals 12,088 58,357
Handling, landing and navigation fees 8,078 35,983
Aircraft maintenance, materials and repairs 4,562 19,711
Depreciation and amortization 3,860 16,060
Passenger service 3,265 13,512
Crew and other employee travel 3,236 15,298
Other selling expenses 2,354 10,497
Commissions 2,265 10,328
Facilities and other rentals 2,076 9,078
Insurance 1,638 7,219
Ground package cost 1,344 5,672
Advertising 1,112 4,070
Aircraft impairments and retirements 0 403
Other 3,703 20,066
---------------- --------------
Total operating expenses 98,186 449,210
---------------- --------------
Operating loss (11,072) (53,820)
Other income (expense):
Interest income 167 624
Interest expense (496) (2,167)
Reorganization expenses (1,186) (319,669)
Other (52) (288)
---------------- --------------
Other expense (1,567) (321,500)
---------------- --------------
Loss before income taxes (12,639) (375,320)
Income taxes - -
---------------- --------------
Net loss (12,639) (375,320)
Preferred stock dividends - -
----------------- --------------
Loss available to common shareholders $ (12,639) $ (375,320)
================= ==============
Basic earnings per common share:
Average shares outstanding 11,824,287 11,824,287
Net loss per share $ (1.07) $ (31.74)
================ ==============
Diluted earnings per common share:
Average shares outstanding 11,824,287 11,824,287
Net loss per share $ (1.07) $ (31.74)
================ ==============
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 second quarter 2005 unaudited consolidated
financial statements required to be filed with the Quarterly Report on Form 10Q
with the Securities and Exchange Commission by Aug 15, 2005.
7
OFFICE OF THE US TRUSTEE-REGION 10
ATA HOLDINGS CORP. AND SUBSIDIARIES
MONTHLY BALANCE SHEET
for the month ended April 30, 2005
(Dollars in thousands)
April 30,
2005
-----------------------
ASSETS (Unaudited)
Current assets:
Cash and cash equivalents $ 88,692
Receivables, net of allowance for doubtful accounts
(2005 - $3,255; 2004 - $2,608) 113,219
Inventories, net 36,013
Assets held for sale 3,250
Prepaid expenses and other current assets 40,056
-----------------------
Total current assets 281,230
Property and equipment:
Flight equipment 174,227
Facilities and ground equipment 141,724
-----------------------
315,951
Accumulated depreciation (166,748)
-----------------------
149,203
Restricted cash 30,690
Goodwill 6,987
Prepaid aircraft rent 204
Investment in BATA 6,255
Deposits and other assets 25,212
-----------------------
Total assets $ 499,781
=======================
LIABILITIES AND SHAREHOLDERS' DEFICIT
Current liabilities:
Short-term debt 41,000
Accounts payable 6,486
Air traffic liabilities 75,404
Accrued expenses 123,532
-----------------------
Total current liabilities 246,422
Deferred items 33,934
-----------------------
Liabilities subject to compromise 1,485,301
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 and 2004 66,013
Treasury stock; 1,711,440 shares - 2005 and 2004 (24,778)
Additional paid-in capital 18,166
Accumulated deficit (1,355,277)
-----------------------
Total shareholders' deficit (1,295,876)
-----------------------
Total liabilities and shareholders' deficit $ 499,781
=======================
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 second quarter 2005 unaudited consolidated financial statements
required to be filed with the Quarterly Report on Form 10Q with the Securities
and Exchange Commission by August 15, 2005.
8
ATA Holdings Corp.
Cash Payments to Bankruptcy Professionals
Payments made in April 2005
------------- -------------
Amount Cleared Date
------------- -------------
Akin , Gump, Strauss, Hauer & Feld LLP $ 205,074 4/21/05
Baker & Daniels 25,089 4/13/05
BMC 309,035 4/5/05
Compass Advisors LLP 114,085 4/28/05
Paul, Hastings, Janofsky 12,847 4/28/05
Spencer Stuart 64,885 4/13/05
Sommer Barnard Ackerman 139,541 4/28/05
------------
Total $ 870,556
-------------
9
Attachment A: Summary of Pre-Petition Payments made during April 2005
Paid In Accordance With: Amount
Clearinghouse / Interline Agreements Motion $ -
Specific Court Approval 25,351
Customer Programs Motion or Employee Obligations Motion 36,381
Insurance Motion 142,671
Not Asset of Estate or Tax Motion 421,523
Airport Fees Motion 122,671
---------------
Total Pre-Petition Payments $ 748,597
===============
10
Attachment B: Schedule of Insurance Coverage
Insurer Expiration Date Purpose
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 October 1, 2005 Mexican General Liability
- --------------------------------------------------- ------------------------------------------------
---------------------------
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
*Renewal process underway
- --------------------------------------------------- --------------------------- ------------------------------------------------
Federal Insurance Company (Chubb) May 23, 2006 Executive Protection Policies
- --------------------------------------------------- --------------------------- ------------------------------------------------
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 - ARC Ambassadair
debits/credits $ 860 $ 860
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
National City Bank 198378 Ambassadair credit card Ambassadair
receipts, deposits (47,545) (105,060)
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
National City Bank 698307393 Outstation SBN ATA Airlines
-
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Caribbean Mercantile 23296308 Outstation AUA ATA Airlines
Bank N.V. 10,537 12,519
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
SouthTrust Bank 30000006 Outstation - FLL ATA Airlines 8,860 2,798
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Bank of America 1233185823 / Outstation SEA, SFO, MCO, ATA Airlines
1233000909 / LAX, SJC, DFW
1233000904 /
1000006268 /
1233401176 /
1235203716 361,092 125,759
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
US Bank 873792676 Outstation MSP, CID ATA Airlines 74,043 17,313
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Banco-Popular 107-01620-6 Outstation SJU ATA Airlines 95,504 32,691
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
National City Bank 202206 IND CTO, TBM, Corporate ATA Airlines
Travel, GRP, AGY 14,230 45,092
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
National City Bank 109312 ATA Airlines Inc - Main ATA Airlines
Disbursement - wires 862,009 1,288,177
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Foreign Coin 7,508 7,428
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Lloyds Bank 763409 Checking - Foreign Payroll ATA Airlines 19,505 12,628
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Bank One 02389-93 Outstation GRR, FNT ATA Airlines 22,431 1,000
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Bank One 5690439 Outstation MDW, ORD, CHI, ATA Airlines
TBM 537,373 202,594
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Wachovia 14739239 Outstation SRQ ATA Airlines 13,798 1,000
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Fleet 52743764 Outstation BOS ATA Airlines 18,003 8,955
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Wells Fargo Bank 0832-884571 Outstation LAS ATA Airlines
Nevada 24,882 19,498
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
National City Bank 203195 ATA Airlines Inc - Tax ATA Airlines
Fiduciary (1,402,520) 0
- -------------------- -------------- --------------------------- ------------ ----------------- ---------------
Lloyd's Bank 170424 LGW Petty Cash ATA Airlines 614 614
- ------------------- -------------- --------------------------- ------------ ----------------- ---------------
Bank of Hawaii 18023997 Outstation HNL, OGG ATA Airlines 284,141 157,448
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Citibank 3813-7141 Outstation LGA ATA Airlines 109,549 57,347
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Dresdner 5402815 D mark checking ATA Airlines (126,759) 101,472
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Bank One 700016621867 Payroll (mainly manual ATA Airlines
checks) 126,552 181,749
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 442559773 Mexican Checking ATA Airlines 38,057 (36,561)
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Wells Fargo 0822-605440 Outstation PHX ATA Airlines 17,967 6,397
-------------------- -------------- --------------------------- ------------- ---------------- ---------------
Wachovia 3764120 Outstation PHL ATA Airlines 1,000 1,000
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Royal Bank of Canada 100-535-4 Outstation NAS ATA Airlines 1,350 1,318
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 196590 ATA Airlines Inc - Captain ATA Airlines
Checks 278,703 231,573
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
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 $ 721 $ 721
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Wachovia 13904573 Outstation MIA ATA Airlines 968 953
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
M&I (Marshall & 24083345 Outstation MKE, MSN ATA Airlines
Ilsley) 6,363 1,753
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Key Bank 5001290152 Outstation DAY ATA Airlines 989 989
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
First American 6583021096 Outstation DSM ATA Airlines 1,293 1,285
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Citizens National ATA Airlines 3,858 3,858
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
JP MorganChase 910 2 772812 Travel Agency ACH ATA Airlines 165,210 165,210
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
US Bank 103655382945 Outstation DEN ATA Airlines 58,904 15,398
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Citibank 40798686 Health Claims - CIGNA ATA Airlines -
- -------------------- -------------- --------------------------- ------------- --- -------------- ---------------
National City Bank 884034141 Outstation SPI ATA Airlines 1,000 1,000
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Wachovia 14739271 Outstation PIE, RSW ATA Airlines 78,078 14,255
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Wachovia 13890849 Outstation EWR, DCA, CLT ATA Airlines 44,263 27,779
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Lloyd TSB USD 11257374 ATA Airlines 26,484 26,484
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Wachovia 11052757 Disability Claims ATA Airlines 5,421 (22,742)
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 132595923 Outstation GDL - USD ATA Airlines 131,543 152,834
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 132595842 Outstation GDL - MXP ATA Airlines 164,796 176,664
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 132595907 Outstation CUN - MXP ATA Airlines 10,554 9,883
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 132595982 Outstation CUN - USD ATA Airlines 46,606 49,543
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
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 653,527 537,718
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
JP MorganChase 475017986 Healthcare Claims - United ATA Airlines
Healthcare (191,151) (239,604)
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 137308310 Outstation PVR - USD ATA Airlines 6,058 6,034
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
BBVA-Bancomer, S.A. 137303262 Outstation PVR - MXP ATA Airlines 1,750 1,829
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
JP MorganChase 475018737 Flexible Spending Account ATA Airlines 148,840 100,859
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 658807273 Outstation PIT ATA Airlines 1,000 1,000
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 981092693 ATA Airlines Inc - Payroll ATA Airlines 136,612 60,954
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Trancentrix N/A Foreign Payments (228,378) 397,951
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 981094058 Outstation FWA ATA Airlines -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 135597 & Main Disbursement - checks ATA Holdings
7000000419 Corp. (3,966,680) (3,938,756)
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City 202031 Deposits and Credit Card Amber Tours
receipts -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 203551 ATA Airlines Inc - Amber Amber Travel
Travel Fiduciary (ARC) 514 593
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank ATA Airlines Inc - Amber Amber Travel
Travel Fiduciary (ARC) -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
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 17,417 6,653
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City 204149 Deposits and Credit Card American Trans Air
Receipts Execujet, Inc. (5,679) (5,679)
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Regions 205133 Operating/Disbursement Chicago Express
Account - $ -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Bank One 4273893 Depository - Any money Chicago Express
received - $ -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Regions 205133 Investment Sweep Chicago Express - $ -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City Bank 758014652 Petty cash - South Bend Chicago Express - $ -
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
National City/US 0622608/4200778346 Investment Account ATA Airlines
Bank/Morgan
Stanley/Union
Planters 85,707,653 73,898,240
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Bank One Money Market - Officer's ATA Holdings
Salaries 751,051 642,597
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Money Market Fund Washington
Assurance 200,841 200,841
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Other (9,300) (8,299)
----------------- ---------------
SPECIAL PURPOSE ACCOUNTS
First Indiana Bank 10101410 IRS Tax Trust ATA Airlines 9,336,129 8,274,695
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
First Indiana Bank 10101423 PFC Trust ATA Airlines 3,162,146 4,371,066
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
First Indiana Bank 10101436 U.S. Gov't Trust ATA Airlines 3,641,785 1,332,982
- -------------------- -------------- --------------------------- ------------- ----------------- ---------------
Bank Account Total: $ 101,464,930 $ 88,645,150
Petty Cash Total: $ 48,335 $ 46,452
----------------- ---------------
Total Funds: $ 101,513,265 $ 88,691,602
================= ===============
*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