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Severed links with Howard Hughes/Hughes Tool Company on 31/12/1960 (last stocks sold on 31/5/1966) following a legal dispute against Equitable Life Insurance Company. Reorganized in 1979 as subsidiary of Trans World Corporation. Acquired in 1985 by Carl Icahn (52%). Took-over Ozark in 1986. Chapter 11 between 31/1/92 and 3/11/93 when Icahn resigned and employees took a 45% stake (later reduced to 30%). Chapter 11 again briefly from 30/6/95. Carl Icahn's stake reduced to 9.9% in 1996. Acquisition being attempted by Russia's Transaero in 1997, then Global Airlines Corp in 2000. Acquired by American's AMR Corp and re-entered Chapter 11 ion 10/1/01, becoming TWA Airlines Llc on 2/12/01 (still operating under its own AOC certificate, dba American Airlines) before a full merger was completed on 30/8/04.
Trans World Airline
TWA
USA.Missouri
Kansas City/New York
1945-1950
Renamed 17/5/1950 to Trans World Airlines.
Transcontinental & Western Air
TWA
USA.Missouri
Kansas City/New York
1930-1945
Formed by the merger of 1929-born TAT/Transcontinental AT (formed by merging 1925-born Standard AL & Maddux AL) & part of 1925-born Western Air Express (other part became Western AL). Acquired (87%) by Howard Hughes in 1938. Obtained permission to operate overseas in 12/1945 against Pan American.
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