ATA Airlines Cancels All Flights And Files For Bankruptcy

The low-fare carrier grounds all flights in its Chapter 11 filing, stranding thousands of passengers. It's the second airline this week to stop passenger service.

Scott Olson / Getty Images / April 4, 2008

The low-fare carrier grounds all flights in its Chapter 11 filing, stranding thousands of passengers. It's the second airline this week to stop passenger service.

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