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Prominent investor Carl Icahn has become a significant shareholder in JetBlue Airways, securing an almost 10% stake in the airline during January and February 2024. The investment, valued at approximately [...]

Trans World Corp. (TWC) reported that on March 1, through its subsidiaries, Trans World Hotels & Entertainment a.s. (TWH&E) and Trans World Hotels Germany GmbH (TWHG), it purchased the ground [...]

Trans World reported that, on December 21, it acquired, through its subsidiary Trans World Hotels Germany (TWHG), the Lindner Sport & Aktivhotel Kranichhohe (Lindner Hotel), a business and recreational hotel [...]

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 [...]

WASHINGTON -- American and TWA have begun sharing airport terminal facilities. As of July 9, TWA will arrive and depart from American's gates at Las Vegas, Nashville and Pittsburgh, where […]

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 and TWA are taking the first steps toward merging their operations by coordinating some services in the Caribbean and San Juan and replacing regional jets with turboprops in some […]

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 [...]

TWA and American are ending their prolonged contest for supremacy, which leaves fewer than a half-dozen major lines to share the business. The purchase of TWA by American Airlines involves […]

WASHINGTON--After months of offers, counteroffers and debates, it's official: American (AA) has acquired TWA for about $625 million and the assumption of aircraft leases. But what happens now may make […]

FORT WORTH, Texas -- Travel agents aren't likely to notice any immediate changes in booking TWA following its acquisition by American, except for the elimination of two routes. TWA's New […]

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, [...]

FORT WORTH, Texas -- American closed on its acquisition of TWA. The April 9 purchase of most of TWA's assets makes American the country's largest airline -- at least until, […]

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 [...]

Financier Carl Icahn pledged $400 million to build or buy an airline and link it to his Lowestfare.com. Lowestfare.com lost its supply of discounted Trans World Airline tickets with American […]

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 [...]

WASHINGTON -- American Airlines' acquisition of TWA's assets would be held up for at least two years under a bill introduced by Sen. Byron Dorgan (D-N.D.). Even though TWA's bankruptcy […]

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, [...]

American Airlines' acquisition of TWA has been green-lighted by the Department of Justice. The deal is expected to be closed by mid-April, although surprises at the final bankruptcy hearing, to […]

WASHINGTON -- The Justice Department will not challenge American's bid to acquire TWA's assets, removing what could be the last major obstacle to the sale. In a two-sentence announcement March […]

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 [...]

We were rooting for TWA, but we were rooting for a lost cause. The carrier's net losses over the past five years amounted to $1 billion, and that can't be […]

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 [...]

WASHINGTON -- American increased its bid for TWA by $242 million, and TWA accepted the offer March 7. That put American in position to win bankruptcy court approval to buy […]

TWA's board voted to accept AMR Corp.'s sweetened $742 million takeover bid, up from $500 million. But the move was still subject to approval by the bankruptcy court, which at […]

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 [...]

Galileo International is the only party that has stepped forward in bankruptcy court to make a bid for TWA's 26 percent stake in Worldspan. Galileo bid $220 million for ownership […]

American Airlines and Phoenix-based Jet Acquisitions Group (JAG) submitted bids for the assets of TWA. American's bid--which TWA's mechanics are objecting to--is valued at $500 million plus debt, while JAG's […]

American and a group of investors called Jet Acquisitions Group submitted rival bids for TWA, while Galileo made a competing bid to buy TWA's 26% stake in Worldspan. American stuck […]

WILMINGTON, Del. -- Continental withdrew its objections to American's proposed purchase of TWA before the Feb. 28 deadline for bids on the carrier. Continental made its decision the day after […]

WILMINGTON, Del. -- The auction of TWA is moving forward, after a bankruptcy judge Feb. 21 rejected Continental's latest effort to change and delay what it contends is an unfair […]

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 [...]