INDIANAPOLIS—(BUSINESS WIRE)—July 9, 2002—ATA (American Trans Air, Inc.) (Nasdaq:ATAH) is pleased to announce it has been ranked the “Best Performing Medium Airline” (sales of $1 billion to $5 billion) worldwide in the July issue of Aviation Week & Space Technology magazine.

According to Aviation Week, CSFB Holt, a unit of Credit Suisse First Boston, provides an independent analysis of all the airlines in the industry to determine the ranking of the top-performing airlines.

“Being ranked No. 1 is testament to the hard work and unwavering dedication of ATA`s employees who have delivered a strong financial and operating performance in spite of the difficult economic environment,” said John Tague, ATA President and CEO.

“Our strategy is to continue to provide high-quality, reliable service at a low price. It is that exceptional value which our many loyal business and leisure customers have grown to expect. On behalf of ATA`s employees, we would like to thank Aviation Week & Space Technology for their recognition of our efforts,” he added.

Now in its 29th year of operation, ATA is the nation`s 10th largest carrier based on revenue passenger miles flown. ATA offers significant scheduled service from Chicago-Midway and Indianapolis to over 40 business and vacation destinations. Since May of 2001, ATA has taken delivery of 32 new aircraft from Boeing, including the Boeing 737-800 (in which ATA was the North American launch customer for the -800 model with winglets) and the Boeing 757-300. Stock of the Company`s parent company, ATA Holdings Corp. (formerly known as Amtran, Inc.), is traded on the NASDAQ stock market under the symbol “ATAH.” For more information or to learn about the Company, visit the website at www.ata.com.

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