Holden testifies in Washington

Governor Holden tells the Senate Commerce Committee in Washington it is essential the American Airlines buyout of TWA go ahead, without delay. The committee is looking into the impact airline mergers and buyouts have on competition in the industry. But Holden says the...

State comforted by talks with TWA

State officials seem to be optimistic about the pending buyout of St. Louis-based TWA by American Airlines. Economic Development Director Joe Driskill has had a chance to meet with American officials, and is very pleased to learn that most jobs will be kept. He says...

TWA says jobs are protected

There is good news for TWA employees in the buyout of the airline by American Airlines. Trans World’s President and CEO Bill Compton says the deal, which still needs government approval helps TWA employees past and present. Compton says almost all TWA employees...

Barnes hopes KC benefits from buyout

Kansas City Mayor Kay Barnes says the reported deal between TWA and American Airlines could actually result in an expansion of operations. 3,500 people are employed by TWA in Kansas City, many of them with the airlines maintenance operation, which is based there....

American announces TWA deal

The head of American Airlines says TWA would have shut down this week or next week if American had not offered to buy it. American Airlines says it is buying almost all of TWA’s assets, and will pump money into TWA to keep it going until a bankruptcy judge okays...
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