The story
Global Aviation Holdings circa 2008-2012
Global Aviation Holdings had combined revenues of more than $1 billion, 30 leased aircraft (most from GECAS and ILFC), and more than 2,200 employees. Global Aviation Holdings provides services in the passenger, commercial passenger ad-hoc lease and wet lease charter, military-on-demand, and cargo charter ACMI markets through its two airline subsidiaries.
Among Global Aviation Holdings' significant competitors in passenger transportation, that specialize in AMC charter contracts and (ACMI) and charter markets, are Omni Air International and Ryan International Airlines. On the cargo side, Global Aviation Holdings operations performed by World Airways remain distant rivals to the vastly growing ABX Air's airline holdings operations and network which include the much smaller (ATI) Air Transport International and Capital Cargo International Airlines, at one time fierce competitors for similar contracts. North American flew to the African continent with a link up to Virgin Nigeria Airlines, but all scheduled passenger service was discontinued in May 2008 as a result of the 2007-2008 fuel price rises. Global Aviation Holdings had substantial fleet operations transiting through Atlanta ATL, New York (JFK), Baltimore Washington BWI, Dallas Ft. Worth DFW and Houston (IAH) on a regular basis.
Fleet
As of May 2013, Global Aviation Holdings had 14 wide-body transoceanic capable aircraft in its fleet:
Global Aviation Holdings was expected to receive some Airbus A330-200F aircraft from an order placed by parent company MatlinPatterson prior to the closing of ATA Airlines. After the Boeing 757 was withdrawn from North American Airlines service, Global Aviation Holdings and North American Airlines became one of a small number airlines to operate only wide-body aircraft, much like its primary competitor Omni Air International, which too has no narrow-body aircraft. According to the referenced article in Businessweek, MatlinPatterson withdrew its Airbus order to resupply the Global fleet with newer technology widebody aircraft.
Destinations
As of May 2008, Global Aviation Holdings subsidiaries North American Airlines and World Airways did not offer any scheduled service. They operated flights into more than 120 countries in 2009.
History
Originally named AmTran (Holdings) prior to 2002 and based in Indianapolis, Indiana, the holding company's name was changed to ATA Holdings Corporation, for increased transparency and to attract financial investors after the September 11 attacks economic hardships that affected the industry. ATA Holdings was a publicly traded company.
On April 8, 2004, ATA Holdings announced the sale of ATA Training Corporation to Aviation Institute of Maintenance in order to focus on the passenger and charter business. ATA Training provided training for aircraft technicians. It was founded in Indianapolis in 1992.
ATA Holdings Corp. traded on the NASDAQ as "ATAH" until the company filed bankruptcy proceedings in October, 2004.
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On April 5, 2007, New ATA Holdings, Inc., the successor company to ATA Holdings, changed its name to Global Aero Logistics Inc. (GAL). Shortly afterwards it announced the agreement to purchase World Airways and North American Airlines. Late in 2007, GAL quietly moved its headquarters to Peachtree City, Georgia, where World Airways is headquartered. Global Aero Logistics provides military and commercial air transportation charters throughout the world.
AMTRAN, INC. (Holdings) -------------------- 2002
ATA Holdings Corp. --------------------------- 2003–2007
Global Aero Logistics Inc. (Holdings) -- 2007–2009
Global Aviation Holdings Inc. ------------ 2009–present
According to an Indianapolis press release from Global Aero Logistics Inc., and North American airlines in 2006, the combined companies of North American, ATA, and World revenues were approximately US$1.6 billion.
From Wikipedia’s article on Global Aviation Holdings, shared under CC BY-SA 4.0.3