ARC CONTINUES ATA PROCESSING AS CARRIER FILES FOR CHAPTER 11 PROTECTION

Arlington, VA October 29, 2004 - ARC has been advised that ATA (TZ/366) voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. This action was filed on October 26, 2004 in the U.S. Bankruptcy Court, Southern District of Indiana in Indianapolis. The case number for ATA Holdings is 0419866 and for ATA Airlines, it is 0419868, Judge Basil H. Lorch presiding.

ATA stated publicly that it expects to continue operation of its flights and customer programs without interruption, and that its ticket refund and exchange policies remain in effect. At a hearing on October 29, 2004, approval was given to the assumption of the ARC Agent Reporting Agreement and Carrier Services Agreement by the carrier. On this basis, ARC will continue processing ATA validated transactions, including sales, refunds, and exchanges without interruption.

Please contact ARC's Customer Service Center at 703-816-8003 or through e-mail at csc@arccorp.com with any processing-related questions. ARC will also be posting related updates in the Announcement section of ARC's Web site: http://www.arccorp.com.

About ARC
ARC is the premier provider of financial settlement solutions and data and analytical services for the travel industry. Airlines, travel agencies, corporate travel departments, railroads, and other travel suppliers process more than $60 billion annually through ARC's world-class settlement system, making it the financial backbone of travel distribution.  ARC COMPASS®, the leading, trusted source for travel transaction information, powers data and analytical tools that help ARC customers make confident business decisions.   ARC is an airline-owned company that builds on values of integrity, teamwork, innovation, cost-effectiveness, and excellence.   For more information, please visit http://www.arccorp.com.