At the moment it sounds greater than it actually is. WN will be codesharing on ATA flights to HNL from MDW only. If it works we'll expand it to other cities.

We bought certain assets of TZ out of bankruptcy. We gave them a load of cash, provided financing for their operations and offered them a codeshare deal on our flights. All in all, between the 2 carriers, there are about 200 new routes that came of the codeshare. We get access to airports where we'd rather eat dirt than fly to (LGA, DCA, etc.) plus 8 new gates at MDW (which will become the primary focus for growth in 2005), HNL was just a little icing. Plus we get ATA's MDW maintenance hanger. Even if ATA ultimately fails the gates and hanger were more than worth it. If ATA succeeds then we get a good partner for the future. Upon imergence from Chapter 11 SWA will take about a 30% stake in ATA. HDQs says it will liquidate the holding over time but that remains to be seen.

In the coming years I think we'll see SWA flying to the islands itself. This may just be the first of a series of tests.