Cessna Citation Aircraft Lease Agreements

                   CESSNA CITATION AIRCRAFT LEASE AGREEMENT


          THIS CESSNA CITATION AIRCRAFT LEASE AGREEMENT (the "Lease") is made
and entered into as of the 25th day of July 2001, by and between Betaco, Inc.,
a Delaware corporation whose mailing address is P.O. Box 51609, Indianapolis,
Indiana 46251 (hereinafter referred to as "Lessor"), and American Trans Air
ExecuJet, Inc., an Indiana corporation with its office at 7337 West Washington
Street, Indianapolis, Indiana 46231 (hereinafter referred to as "Lessee").

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