latest news releases from the newsroom
ATA Airlines, Inc.
ATA Reports March Scheduled Service Traffic
INDIANAPOLIS, April 5, 2006 (PRIMEZONE) -- ATA Airlines, Inc. today reported that March scheduled service traffic decreased 52.2 percent from 2005 to 325.5 million RPMs (revenue passenger miles). Capacity decreased 54.1 percent compared to 2005 to 420.1 million ASMs (available seat miles). ATA's March scheduled service passenger load factor increased 3.0 points to 77.5 percent. There were 230,605 passengers enplaned in March, a decrease of 58.9 percent.
Phoenix India Acquisition Corp.
Phoenix India Acquisition Corp. Completes Initial Public Offering
NEW YORK, April 5, 2006 (PRIMEZONE) -- Phoenix India Acquisition Corp. (OTCBB:PXIAU) announced today that it consummated its initial public offering of 7,079,687 units on April 5, 2006, which amount included the exercise in full of the underwriters' over-allotment option. Each unit consists of one share of common stock and one warrant. The units were sold at an offering price of $8.00 per unit. The initial public offering, together with the Company's recently announced private placement, generated aggregate gross proceeds of $57,387,496 to the Company. Rodman & Renshaw, LLC acted as lead manager and I-Bankers Securities, Inc. acted as co-manager of the initial public offering.
Jobing.com Acquires HoustonEmployment.com
HOUSTON, April 5, 2006 (PRIMEZONE) -- Jobing.com, LLC, the nation's largest locally focused employment website, announced today the finalization of its acquisition of Houston, Texas-based HoustonEmployment.com, the leading local employment site in the Houston metropolitan area. Financial terms of the deal were not disclosed. The acquisition and integration of HoustonEmployment.com into the Jobing.com family is the first of several planned expansions for the local job board into major cities throughout the State of Texas.