- --------------------------------------------------------------------------------


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

- --------------------------------------------------------------------------------


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15 (d) of
                       The Securities Exchange Act of 1934


- --------------------------------------------------------------------------------

       Date of Report (Date of earliest event reported): October 24, 2003

                               ATA Holdings Corp.
             (Exact name of registrant as specified in its charter)

- --------------------------------------------------------------------------------

       Indiana                          000-21642                35-1617970
(State or other jurisdiction    (Commission File Number)     (I.R.S. Employer
   of incorporation)                                      Identification Number)


- --------------------------------------------------------------------------------

7337 West Washington Street
Indianapolis, Indiana                                        46231

(Address of principal executive offices)                    (zip code)

Registrant's telephone number, including area code: (317) 247-4000

                                      N/A
          (Former name or former address, if changes since last report)

- --------------------------------------------------------------------------------

ITEM 5. OTHER EVENTS

     Attached hereto, and incorporated  herein by reference in its entirety,  as
Exhibit 99.1 is a copy of a press  release  announcing  the ATA  Holdings  Corp.
extension of exchange offers for 10 1/2 percent notes due 2004 and 9 5/8 percent
notes due 2005.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(C) Exhibits.

99.1 Press Release dated October 24, 2003.





                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                          ATA Holdings Corp.


Date: October 24, 2003                    By:      /s/ David M. Wing
                                                   -----------------

                                          Name: David M. Wing
                                          Title: Executive Vice President & CFO


                                  EXHIBIT INDEX

Exhibit No.                Description of the Exhibit

99.1                       Press Release dated October 24, 2003


Investor Relations Contacts:
  David M. Wing, Chief Financial Officer (317) 240-7087
  Kevin Burnett,    Investor Relations Specialist (877) 834-0606
            investor.relations@iflyata.com
Media Contact: Angela Thomas  (317) 240-7518
                     media.inquiries@iflyata.com

  ATA Holdings Corp. Extends Exchange Offers for 10 1/2 Percent Notes Due 2004
                        and 9 5/8 Percent Notes Due 2005

INDIANAPOLIS,  October 24, 2003 - ATA Holdings Corp.  (the  "Company")  (NASDAQ:
ATAH),  the parent company of ATA Airlines,  Inc., today announced the extension
of its offers to exchange (the "Exchange Offers"):

o    newly issued 11 percent  Senior Notes due 2009 (the "2009  Notes") and cash
     consideration  for any and all of the $175  million  outstanding  principal
     amount of its 10 1/2 percent Senior Notes due 2004 (the "2004 Notes"); and

o    newly issued 10 1/8 percent  Senior Notes due 2010  (together with the 2009
     Notes, the "New Notes") and cash  consideration for any and all of the $125
     million outstanding  principal amount of its 9 5/8 percent Senior Notes due
     2005 (the "2005 Notes" and,  together  with the 2004 Notes,  the  "Existing
     Notes").

As part of the Exchange  Offers,  the Company is also seeking  solicitations  of
consents to amend the indentures under which the Existing Notes were issued. The
Company has extended the  expiration  date of the Exchange  Offers until 5 p.m.,
New York City Time, on November 7, 2003, unless further extended by the Company.
In addition, the Company has extended the deadline for holders of Existing Notes
to deliver consents and receive the consent payment to November 7, 2003,  unless
further extended by the Company.

As previously disclosed, the Company continues to be in discussions with a group
of holders of the  Existing  Notes with  respect to their  participation  in the
Exchange  Offers,  and it has extended the Exchange  Offers to facilitate  these
discussions.

The withdrawal  deadline for the Exchange  Offers has expired,  and tenders with
respect  to  any  Existing   Notes  that  have  already  been  tendered  or  are
subsequently  tendered  may not be  withdrawn.  The other terms of the  Exchange
Offers  remain  unchanged,  and they are  subject  to a  number  of  significant
conditions, including but not limited to receiving valid tenders representing at
least 85  percent  in  principal  amount of each  series of  Existing  Notes and
receiving the consent of the Air Transportation  Stabilization Board pursuant to
the  Company's   government-guaranteed  term  loan.  As  of  October  24,  2003,
$11,510,000  principal amount of 2004 Notes and $29,550,000  principal amount of
2005 Notes had been tendered and not withdrawn in the Exchange Offers.

The Exchange  Offers are being made pursuant to the exemption from  registration
provided  by  Section  4(2) of the  Securities  Act of  1933,  as  amended  (the
"Securities  Act").  The New Notes offered in the Exchange  Offers have not been
and will not be registered under the Securities Act or any state securities laws
and may not be offered  or sold in the  United  States  absent  registration  or
applicable  exemption from the  registration  requirements of the Securities Act
and any applicable state  securities laws. This  announcement is not an offer to
exchange,  a solicitation  of an offer to exchange or a solicitation  of tenders
with  respect to any 2004 Notes or 2005  Notes,  nor is this an offer to sell or
the  solicitation  of an offer to buy any New Notes in any  state in which  such
offer, solicitation or sale would be unlawful.

                                      # # #