ATA Reports October Traffic

ATA (American Trans Air, Inc.), the principal subsidiary of ATA Holdings Corp. (Nasdaq:ATAH), today reported that ATA`s October scheduled service traffic increased 36.4 percent on 43.4 percent more capacity (available seat miles). ATA`s scheduled service October passenger load factor decreased 3.4 points to 65.9 percent, bringing the ten-month 2002 passenger load factor to 73.9 percent.

For the Company`s system-wide traffic, revenue passenger miles (RPMs) increased 23.6 percent in October 2002 when compared with October 2001. ATA`s system-wide capacity increased 26.4 percent.

System-wide, ATA has boarded 8.4 million passengers through the end of the ten-month period in 2002, which is an increase of 13.9 percent compared to the same period in 2001.

ATA Holdings Corp. common stock trades on the NASDAQ Stock Market under the symbol “ATAH”. As of October 31, 2002, ATA has a fleet of 26 Boeing 737-800`s, 16 Boeing 757-200`s, 10 Boeing 757-300`s, and 12 Lockheed L1011`s. Chicago Express Airlines, Inc., the wholly owned commuter airline based at Chicago-Midway Airport, operates 17 Saab-340B`s.

Now celebrating its 30th year of operation, ATA is the nation`s 10th largest passenger carrier based on revenue passenger miles. ATA operates significant scheduled service from Chicago-Midway and Indianapolis to over 40 business and vacation destinations. To learn more about the Company, visit the website at