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Nine airlines' executives have expressed concerns about effects proposed mergers would have on the industry. The executives testified before Congress as the Department of Justice consider approval of the following mergers; United Airlines and US Airways and Trans World Airlines merging with American Airlines.

After American Airlines announced its purchase of Trans World Airlines, it donated a wish to the local Make-A-Wish Foundation in honor of TWA employees. The donation enabled a St. Louis [...]

Glenn Hunter Ghunter@bizjournals.com DBJ CONFIDENTIAL Take the money and run: Looks like Jeffrey Skilling, who quit this week as president and chief exec at Enron Corp. after just six months [...]

Benefits of an airline merger, a hotel points program, airport food guidance and more TWA turnover. Now that the old workhorse airline is part of American Airlines, the TWA faithful [...]

American uses TWA's bankruptcy filing skillfully in its acquisition, adding pressure on rival United. AMR CORP. QUITE LITERALLY courted Trans World Airlines Inc.--by insisting that TWA file under Chapter 11 [...]

American Airlines completed its acquisition of most of the assets of TWA April 9, launching what it called 'a new era in aviation' while closing the book on one of [...]

Having cleared all the legal obstacles in its path, American Airlines has taken over TWA - one of the most venerable names in aviation - becoming the largest airline in [...]

nEamerican swallows twA American Airlines has completed its acquisition of Trans World Airlines. TWA will initially operate independently, as TWA Airlines, a subsidiary of American, before being fully [...]

Once Air Monopoly has America in its grip, according to one of our clients, his company won't be able to afford $1500 tickets round trip Columbus to New York. Unfortunately, [...]

ST. LOUIS (AP) -- The sale of Trans World Airlines Inc.'s assets to the parent company of American Airlines could close as early as April 6, now that another potential [...]

United Airlines' $4.3 billion plan to carve up US Airways with the aid of an American Airlines scalpel faces further regulatory delay and labour obstacles, although American's $742 million take-over [...]

Ramon Lopez/WASHINGTON DC American Airlines will not accept Trans World Airlines' order for 45 Airbus aircraft worth nearly $2 billion as part of its take-over of TWA. It will, however, [...]

Ramon Lopez/WASHINGTON DC American Airlines parent AMR has won its bid for Trans World Airlines, with a federal bankruptcy court ruling that only a sale to the Dallas-based giant will [...]

As expected, Federal Bankruptcy Judge Peter Walsh accepted American Airlines' $742 million bid for TWA, adding that three competing bids, including one from former owner Carl Icahn, were not [...]

nEHAZELTON VICTORY Air New Zealand-owned Ansett has won a five-month battle with Qantas for control of regional carrier Hazelton Airlines after securing Australian Competition and Consumer Commission approval for the [...]

Ramon Lopez/WASHINGTON DC Chris Jasper/LONDON American Airlines has raised its bid for Trans World Airlines to $742 million, with the latter recommending that a US federal bankruptcy court accept the [...]

Fort Worth-based American Airlines Inc. submitted a bid to U.S. Bankruptcy Court to purchase most of the assets of Trans World Airlines Inc. for $500 million in cash plus the [...]

TWA is attracting another bidder. A group representing aviation experts and investors said it will make an offer to acquire the carriei, which has filed for bankruptcy protection for the [...]

Scottsdale-based Jet Acquisitions Group Inc., a collection of investors and aviation experts, has its eye on Trans World Airlines. The group is offering almost $1 billion for TWA, nearly doubling [...]

Paul Lewis/Washington DC Northwest Airlines is restructuring its regional Airlink operation along lines dictated by the market, scrapping its system of strict geographical demarcation between Airlink operators. The US major [...]

Airline honcho tells Senate Commerce Committee it must be allowed to merge TWA President and CEO William Compton told the Senate Commerce Committee that the carrier would have to shut [...]

Bankruptcy court approval allows AA to pay TWA $200 million for emergency financing Last week a federal bankruptcy judge in Delaware approved American Airlines' $200 million emergency financing plan for [...]

In recent news, you might have read that American Airlines stated its intent to acquire the assets of TWA through a sale in bankruptcy. Earlier this month, Northpoint Communications, a [...]

The next court challenge: Icahn's objection to TWA's motion to reject his Karabu Ticket program Area leaders are not taking anything for granted in the pending sale of TWA to [...]

American Airlines will pay approximately $5.1 billion in cash, debt, aircraft leases and loans to acquire the assets of TWA out of bankruptcy; significant assets to be spun off by [...]

nERIVALS MAKE TWA BID Continental Airlines and Northwest Airlines have stepped into the fight for the assets of bankrupt Trans World Airlines with separate proposals to the court administering the [...]

FORT WORTH, Texas -- American Airlines Inc. may not face much turbulence in integrating the employee benefit assets of Trans World Airlines Inc. if the proposed acquisition of the troubled [...]

'The day of the big three is almost here,' one California agent commented Predictably, travel agents reacted negatively to the news that American Airlines was buying bankrupt TWA as well [...]

West Coast agents can expect merger to result in less competition, higher fares and revamped East-West connections Although much of the impact of American Airlines' proposed $500 million takeover of [...]

The pending merger agreement between American Airlines and Trans World Airlines may affect air travel between the Northwest Arkansas. Regional Airport (XNA) and St. Louis. The service -- six inbound [...]

Paul Lewis/Washington DC AMerican Airlines' parent AMR has upped the ante in the latest round of consolidation in the US airline industry with a $1.8 billion attempt to acquire most [...]

Arguably, an AMR Corp/American Airlines take-over of Trans WorldAirlines is of little consequence in the massive US domestic air transport market. In the world airline revenue league (1999 figures), American [...]

For New Yorkers, American Airlines' proposed purchase of TWA and portions of US Airways promises few benefits and many risks. In fact, most aviation experts predict that if approved by [...]

ST. LOUIS--If former Trans World Airlines owner Carl Icahn doesn't get in the way and federal regulators approve, American Airlines parent company AMR will acquire the operations, assets and employees [...]

Proposed deals involving American and United prove that not all airline combinations are equal In the past six months, the mantra heard over and over again on Wall Street has [...]

Fort Worth-based AMR Corp., American Airlines Inc.'s parent company, has agreed to acquire Trans Worlds Airlines Inc. for about $2 billion. TWA has not reported an annual profit since 1998 [...]

While it's too early to tell what effect American Airlines' purchase of financially troubled Trans World Airlines will have on Hawaii, the combination puts the new company in a tie [...]

TWA offer is a good sign to fledgling aircraft firm A new offer to acquire Trans World Airlines has given officials at Alliance Aircraft hope that the start-up jet manufacturer [...]

Global Airlines Corp. said it has offered to buy Trans World Airlines Inc. for $298 million in cash and stock. Global, a privately held company with no airline operations, said [...]

AirTran Holdings reportedly ended talks to buy financially struggling TWA after several weeks of negotiations. AirTran, formerly known as ValuJet, entered discussions late last month to buy TWA amid a [...]

Orlando, Florida-based low-fares carrier AirTran Airways is making no comment about reports that it is in talks with Trans World Airlines about a possible buy-out. AirTran - the former ValuJet [...]

* SECOND CARRIER MAY BID FOR TWA. AirTran Holdings Inc. may have some competition for TWA. Global Airlines Corp., a privately held holding company with no operations, has asked to [...]

Paul Lewis/WASHINGTON DC Trans World Airlines has become the latest major carrier to become a takeover target, with two prospective bidders. Meanwhile, the US Congress continues to cast an increasingly [...]

American Airlines has increased its bid for bankrupt Trans World Airlines from $500 million to $750 million. The American Airlines offer is better than that from former TWA Chairman Carl Icahn.

Observers consider the issue of American Airlines' merger with TWA all but decided after a bankruptcy judge in Wilmington, Delaware approved American's financing plan and rejected objection by other airlines and former TWA owner Carl Ichan.

The longest-standing brand name in commercial aviation effectively was erased last week in airline industry consolidation developments that include a joint initiative by the most bitter rivals. American Airlines' bid [...]

There were 932 divestitures in 1983 whose value exceeded $500,000, and 500 whose value exceeded $100 million. The motivations for spinoffs in general and the specific reasons for the spinoff of TWA by Trans World Corporation (TWCp) are explored. The effects of the spinoff on stocks and bonds prices for both the parent company and the subsidiary are examined. It is found that both the stockholders and the bondholders of TWCp gained from the spinoff at the expense of TWA security holders. It appears that the spinoff will have the intended effect of restructuring TWA's union contracts and will generate more value for stockholders.