ATA's ``Thursday Fun Fares'' Fly Nonstop from Chicago-Midway to San Juan and International Destinations from $99!

Business Editors

INDIANAPOLIS--(BUSINESS WIRE)--Oct. 24, 2002

Also Great Fares to the East from Selected Midwestern Cities!

Is it about time for a long deserved, relaxing trip to Mexico or the Caribbean? ATA (American Trans Air, Inc.)(Nasdaq: ATAH) is launching this week's "Thursday Fun Fares" to Guadalajara, Grand Cayman, Aruba, Cancun, Puerto Vallarta, Montego Bay and San Juan for as low as just $99(a) (peak or off-peak, each way based on a round-trip purchase) from Chicago-Midway. Travel is valid November 7, 2002, through February 12, 2003 (except travel to Grand Cayman, beginning January 11, 2003, travel to Puerto Vallarta beginning December 21, 2002, and travel to Montego Bay beginning January 9, 2003).(a) Tickets are available for purchase through midnight tonight (C.S.T.).

This week's "Thursday Fun Fares" also feature low fares to the east from selected midwestern cities. Fly away to Boston, Newark, New York (LGA), Philadelphia and Washington, D.C. for as low as $79(a) (each way based on a round-trip purchase) from Cedar Rapids, Moline, Flint, Lexington, Springfield or Toledo. Travel is valid November 7, 2002 through February 12, 2003.(a) Tickets for these fares are also available for purchase through midnight tonight (C.S.T.).

Listed below are a few examples of this week's "Thursday Fun Fares" specials to Mexico and the Caribbean from Chicago-Midway (which are both off-peak and peak, each way based on a round-trip purchase):

----------------------------------------------------------------------
TO or FROM        TO or FROM Chicago          TO or FROM Chicago
               (off-peak, each way based   (peak, each way based on a
                 on a round-trip purchase)      round-trip purchase)
                          from                         from
----------------------------------------------------------------------
Guadalajara               $139                         $139
Grand Cayman              $149                         $149
Aruba                     $169                         $169
Cancun                    $139                         $169
Puerto Vallarta           $149                         $169
Montego Bay               $149                         $169
San Juan                   $99                          $99
----------------------------------------------------------------------
    Listed below are a few examples of this week's "Thursday Fun
Fares" specials to the east from selected midwestern cities (each way
based on a round-trip purchase):

----------------------------------------------------------------------
TO or FROM              TO or FROM        TO or FROM      TO or FROM
                     (b)Cedar Rapids/     (b)Moline        (b)Flint
                       b)Lexington/          from            from
                       (b)Springfield/
                         (b)Toledo
                           from
----------------------------------------------------------------------
Boston                     $89               $89             $89
Newark                     $89               $89             $79
New York (LGA)             $89               $89             $79
Philadelphia               $89               $79             $89
Washington, D.C.           $89               $89             $79
----------------------------------------------------------------------
(b) Some flights provided by ATA Connection (Chicago Express Airlines,
Inc.).

To make a reservation, contact your travel agent or call 1-800-I-FLY-ATA, or en Espanol at 1-800-VUELA-ATA, or visit the Company's website at www.ata.com.

To commemorate its 30th Anniversary, ATA has launched its Anniversary Travel Awards promotion, offering loyal customers great travel awards when they fly frequently with ATA or ATA Connection (Chicago Express Airlines, Inc.) and book their travel online at ATA.Com. By purchasing and flying as few as three round-trips, a customer can earn a free domestic companion ticket, an award not offered by any other carrier. Free domestic tickets are earned after only six round-trips, and international tickets to the Caribbean/Mexico and Hawaii are earned after nine and 12 round-trips, respectively. Tickets must be purchased at ATA.Com. For details and official rules for the promotion, visit the website at www.ata.com.

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. 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."

(a)These fares do not include a $3 federal excise tax that will be imposed on each flight segment of your itinerary. A flight segment is defined as a takeoff and a landing. ATA's "Thursday Fun Fares" are each way based on a round-trip purchase, valid for travel 11/7/02-2/12/03 (except travel to Grand Cayman beginning 1/11/03; travel to Puerto Vallarta beginning 12/21/02; travel to Montego Bay beginning 1/9/03); blackout dates are 11/22-12/2/02; 12/20/02-1/6/03; to San Juan 12/16/02-1/13/03. Tickets must be purchased by 10/24/02, midnight (CST). Fares may be higher during high-volume travel periods and are non-refundable. Fares are subject to change without notice. Seats are limited and may not be available on all flights and dates. Some flights are operated by ATA Connection (Chicago Express Airlines, Inc.). A passenger facility charge of up to $18 per round-trip is not included in the fares. Fares do not include a September 11th security fee of up to $10 per round-trip. International fares are subject to government approval. Additional government taxes and fees of up to $79 USD per round-trip, varying by destinations, are not included and may vary slightly depending on currency exchange rates at the time of purchase. A photo I.D. is required for flight check-in and proper documentation is required for international travel. Travelers who are deaf and hearing impaired, call TTY 800-293-6194.