Financial Times FT.com

America West, AirTran in consolidation race

By Caroline Daniel in London

Published: October 22 2004 03:00 | Last updated: October 22 2004 03:00

Efforts to be first to consolidate the US low-cost airline sector intensified on Thursday as America West and AirTran continued last-minute talks with ATA, as it prepared for an imminent bankruptcy filing.

According to people involved with the discussions, ATA, the 10th-largest US airline, is trying to put together a pre-arranged bankruptcy filing, with one of the two airlines acting as its strategic partner in a new reorganisation plan.

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