A federal jury in Indianapolis has ruled that FedEx broke a contract that pushed ATA Airlines into bankruptcy and ordered it to pay $66 million to the now-defunct airline. ATA sued FedEx in June over its decision to end a military charter business, which ATA said was a main cause of its bankruptcy filing in April 2008. Some $22 million was awarded for lost profit in 2008 and $44 million for the same in 2009.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register