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Article: Bankruptcy Hearing for TWA Begins
- Article from:
- AP Online
- Article date:
- January 26, 2001
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AP Online
01-26-2001
Bankruptcy Hearing for TWA Begins
Bankruptcy hearing for TWA begins
Eds: SUBS grafs 2-5 with 4 new grafs to UPDATE with hearing recessed for day; PICKS UP 6th graf pvs, `It would be ...
By JENNIFER BROWN
Associated Press Writer
WILMINGTON, Del. (AP) -- A bankruptcy hearing in federal court that will lead to the official end of Trans World Airlines Inc., the longest flying airline in U.S. history, began Friday, with two rival carriers expected to challenge American Airlines' proposed $500 million buyout plan.
Before U.S. District Court Judge Sue L. Robinson, both Houston-based Continental Airlines Inc., and Eagan, Minn.-based Northwest Airlines Corp., are challenging ...