J. George Mikelsons
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J. George Mikelsons | |
Receiving the Tony Jannus Award in 1996
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Born | 1938 Riga, Latvia |
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Occupation | Founder, ATA Airlines |
Spouse | Muriel Mikelsons |
Juris George Mikelsons is a former airline executive and airline pilot in the United States and the founder of ATA Airlines. He was born in Riga, Latvia, in 1938 on the eve of World War II. His family fled to Germany during the mid-1940s to escape the Soviet occupation of his native land.
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[edit] Early years
As a child, Mikelsons would peer out of bomb shelters to catch any glimpse he could of the planes being flown in the skies. This was the birth of his passion in life, which was to fly planes. His family moved to Indianapolis, Indiana, during the 1950s where his father was offered a job as a violinist for the Indianapolis Symphony Orchestra.
Mikelsons finally began pursuing his passion when he saw a sign offering flights for under $10. It was then that he flew for the first time. This flight sparked his desire to enter the aviation industry. He immediately began flying lessons and became chief pilot and director of the Voyager 1000 travel club.
[edit] Founding of ATA Airlines
In 1973, Mikelsons started his own travel club, Ambassadair, taking a loan and mortgaging his home to purchase a Boeing 720, which he titled "Miss Indy". Ambassadair was a charter-based airline which provided cheap vacation fares. Mikelsons and an employee piloted the plane, loaded the luggage, cleaned the cabin, and served as the tour guide. His hard work and determination allowed him to purchase additional planes for his charter-based airline service. In 1984, after the deregulation of the Airline industry, Mikelsons formed Amtran, Inc., the former parent company of American Trans Air, which later became ATA Airlines, headquartered near Indianapolis International Airport.[1] He also formed ATA Leisure Corp., Amber Travel, ATA Training Corp., ATA Cargo, and ExecuJet.
In 1993, ATA made its initial public offering, trading on the NASDAQ National Market System under the symbol "AMTR". Mikelsons, a noted conservative always notorious for putting his money where his mouth is, purchased a 75% stake in the company. In 1998, Mikelsons retired, giving the reigns of the company to John Tague. After the September 11 terrorist attacks in 2001, the slump in airline travel and rising fuel costs severely impacted ATA.[2]
Mikelsons came out of retirement to save his troubled airline. However, ATA went bankrupt on October 26, 2004, along with many other airlines, and he subsequently retired again. ATA emerged from bankruptcy on February 28, 2006.[2] The company filed for bankruptcy protection again on April 2, 2008, and announced the discontinuation of all operations "following the loss of a key contract for our military charter business", ATA said on its website.[3]
[edit] Personal information
Mikelsons and his wife Muriel live near Indianapolis and have two children. He is the 1996 recipient of the Tony Jannus Award for outstanding leadership in the commercial aviation industry.[4] Mikelsons owns and flies a Bell Jet Ranger III helicopter. His wife Muriel is a concert violinist.[5] They are active in a number of area charitable organizations, including the Indianapolis Children's Museum and the Indianapolis Symphony Orchestra.
[edit] ATA Airlines chronology
Company | History | Year |
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Ambassadair | American Trans Air's predecessor | 1973 |
American Trans Air | American Trans Air becomes repesented by the letters ATA among the traveling community | 1973 - 2003 |
AMTRAN | Mikelsons forms Amtran the parent company to American Trans Air as he seeks to expand into other ancillary aviation and travel related businesses. | 1984 |
AMTRAN Holdings | American Trans Air (ATA) officially changes its name to the more "user" friendly ATA Airlines and the parent organization evolves into AMTRAN Holdings. | 2003 |
ATA Holdings | Amtran Holdings modifies it name to become the more transparent, ATA Holdings in the hope of attracting investors attention. Its primary holding ATA Airlines / American Trans Air emerges from the post 9/11 financial crisis after J. George Mikelsons forges an alliance with Southwest Airlines. | 2006 |
New ATA Holdings | ATA Airlines / American Trans Air - emerges from bankruptcy, J. George Mikelsons leaves the company, and the Matlin Patterson investment firm enters the picture. | 2006 |
Global Aero Logistics, Inc. | With the Matlin Patterson investment firms decision to acquire World Air Holdings, along with its recent capital infusion into the New ATA Holdings, ATA Airlines/ American Trans Air parent company name changes yet again to Global Aero Logistics, Inc.. ATA Airlines then assumes the role of Global Aero Logistics, Inc.'s primary holding among the overall corporate structure of its parent organization's family of airlines. | 2007 |
GAL / Global Aero Logistics, Inc. | ATA Airlines and Global Aero Logistics, Inc. / GAL's acquisition and merging of World Airways and North American Airlines, is formally approved by the World Air Holdings stockholders on August 14th 2007. | 2007 |
[edit] References
- ^ About ATA. ATA Airlines. Retrieved on 2008-03-29.
- ^ a b c ATA History. ATA Airlines. Retrieved on 2008-03-29.
- ^ ATA discontinues all operations. ATA Airlines (2008-04-03). Retrieved on 2008-04-03.
- ^ Tony Jannus Award past recipients. Tony Jannus Society. Retrieved on 2008-03-29.
- ^ Classics to Moderns. Arts Council of Indianapolis (2007-09-24). Retrieved on 2008-03-29.