ATA Celebrates Fleet Milestone with 21 New Aircraft; Re-Fleeting Plan is Well Underway for Low-Fare Carrier.

Business Editors

INDIANAPOLIS--(BUSINESS WIRE)--Feb. 7, 2002

A new ATA has arrived. ATA (American Trans Air, Inc.)(Nasdaq:AMTR), the nation's 10th largest carrier, today announced that it has taken delivery of two more 737-800 aircraft from Boeing bringing the total number of new aircraft for the low-fare carrier to 21.

With the addition of these new planes, ATA now has a total fleet of 72 (61 in its scheduled service and charter operations and 11 in its commuter operations). This year the Company anticipates taking delivery of 19 more new aircraft from Boeing solidifying its position as having the youngest, most fuel-efficient scheduled fleet among the major carriers.

"These new planes continue to add value to our operations," said John Tague, ATA President and CEO. "We are especially pleased to offer our customers a comfortable, quality product that has a reputation for exceptional performance, proven reliability and fuel-efficiency.

"The re-fleeting process has been a key element to ATA's growth. The airline continues to expand scheduled service operations at Chicago-Midway to include more domestic and new international destinations while enhancing the quality of our customer service. This is indeed an exciting time for ATA," he added.

Since May of 2001, the carrier has taken delivery of approximately two aircraft per month from Boeing. ATA was the North American launch customer for the -800 model (with winglets) of the 737 and the -300 model of the 757, and is the only operator of the performance enhanced -E4C model engine by Rolls Royce.

The Boeing 737-800 is equipped with advanced state-of-the-art technology and performance enhancing winglets that reduce aerodynamic drag and boost the aircraft's performance. The aircraft, which seats 175 passengers, includes the latest avionics and safety improvements with an interior decorated in soft, relaxing earth tones and comfortable leather seats. The Boeing 757-300 has the lowest seat-mile cost of any single-aisle and mid-sized jetliner, making it an extremely cost-effective airplane for the carrier to operate. The aircraft burns less fuel than older mid-range airplanes, meets community noise restrictions and complies with strict new international emissions standards. The aircraft, which also has leather seats, seats 247 passengers.

"Our customer response to the new aircraft has been enormously favorable," said Bill McKnight, ATA Executive Vice President of Marketing and Sales. "They like the comfortable leather seats with the adjustable head rests, expanded overhead bins and high-tech, drop-down video systems. We are pleased that our customers find the new planes both aesthetically pleasing and relaxing."

ATA will continue taking delivery of new aircraft from Boeing through 2004.

Now in its 29th year of operation, ATA is the nation's 10th largest carrier (based on revenue passenger miles). ATA offers significant scheduled service from Chicago-Midway and Indianapolis to 32 business and vacation destinations. As of February 7, 2002, the carrier has a fleet of 61 aircraft -- including 16 Boeing 737-800s, five Boeing 757-300s, 10 Boeing 727-200s, 16 Boeing 757-200s, 9 Lockheed L-1011-100s and five Lockheed L-1011-500s. Chicago Express Airlines, Inc. (operating as the ATA Connection), the wholly owned commuter airline based at Chicago-Midway Airport, operates 11 Saab-340Bs. Stock of the Company's parent company, Amtran, Inc., is traded on the NASDAQ stock market under the symbol "AMTR." For more information or to learn about the Company, visit the website at www.ata.com. For reservations, contact your travel agent or call 1-800-I-FLY-ATA.

Editor's Note: ATA executives are available for media interviews and industry comment. For more information, call 317/240-7518.