ATA ditches Tague
Indianapolis-based American Trans Air (ATA) has sacked its chief executive John Tague as part of a re-organisation designed to haul the scheduled and charter carrier back into profit.
Tague has been replaced by the firm's founder and chairman George Mikelsons. The carrier just posted a loss for the second quarter of $57 million.
Part of the re-organisation will see its scheduled and charter businesses being separated, with new heads for each being named soon. "The path to profitability is to incorporate a separate path for both of these business units," says Mikelsons, who formed the company in 1984. ATA is the USA's 10th largest scheduled and the largest charter carrier.
Source: Airline Business