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Trans World Airlines (TWA) was a major airline in the United States that operated from 1930 until it was acquired by American Airlines in 2001. It was formed as Transcontinental & Western Air to operate a route from New York City to Los Angeles via St. Louis, Kansas City, and other stops, with Ford Trimotors.
They bought out Fuller's flight school and did everything from flight instruction, banner towing, charter flights and crop dusting. Hamilton, who had been a mechanic for the Duesenberg Motors Company, ran their aircraft maintenance operation. Frye held Transport Pilot Certificate #933 [5] and Richter held Transport Pilot Certificate #501. [8]
This operation was later sold by Trans World Corporation while under the leadership of Charles C. Tillinghast Jr. the CEO of TWA and the first known to receive a golden parachute employment contract. In 1983, Trans World Corporation, under Chief Executive Officer L. Edwin Smart, spun off Trans World Airlines [2] [3] to Carl C. Icahn, [citation ...
2017 - Bought 10% of Air France–KLM; 2017 - Bought 32% of Aeromexico to total a stake of 49% ownership; 2020 - Bought 20% of LATAM Airlines Group; Eastern Air Lines. 1956 - Merged with Colonial Airlines; 1967 - Merged with Mackey Airlines [9] 1986 - Purchased by Texas International, but continues to operate separately as Eastern Airlines
As Hughes' mental state worsened, he ordered various tactics to delay payments to Boeing and Convair; his behavior led TWA's banks to insist that he be removed from management as a condition for further financing. [79] In 1960, Hughes was ultimately forced out of the management of TWA, although he continued to own 78% of the company.
On the evening of December 3, Pan Am's Creditors Committee advised US Bankruptcy Judge Cornelius Blackshear that it was close to convincing an airline (TWA) to invest $15 million to keep Pan Am operating. A deal with TWA owner Carl Icahn could not be struck. Pan Am opened for business at 9:00 am and within the hour, Ray was forced to withdraw ...
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Gerald L. "Gerry" Gitner [1] is an American former aviation executive who occupied high-level positions at Trans World Airlines (TWA), Pan American World Airways (Pan Am), People Express Airlines, [2] and other major airlines. [3] [4] He has also served as chairman and director for several aviation-related and non-aviation-related companies. [5 ...