Trans World Airlines agreed to pay $1 million in cash and $20 million in coupons; Continental Airlines, $8 million in coupons, and Northwest Airlines, $5 million in cash and $11.5 million in ...

Almost the whole airline business taxis into bankruptcy court this weekend under the aegis of an American Airlines proposal to ground and gobble up 76-year-old Trans World Airlines.

DALLAS (AP) -- American Airlines agreed Wednesday to acquire most of Trans World Airlines' assets for about $500 million in a complex deal that will bring an end to the financially troubled TWA ...

ST. LOUIS -- Lawyers for a bankrupt Trans World Airlines Inc. received an offer Monday from a group backed by former owner Carl Icahn, but they said a bid submitted by American Airlines is the ...

Struggling U.S. airlines that had pinned their fortunes in part to sustained growth in travel to Asia, are seeing their outlooks clouded as worldwide economic unease takes a toll on trans-Pacific ...

The last time the Trans World Airlines terminal at Kennedy International Airport saw a weary traveler was 2001. After a $265 million renovation, it’s now the TWA Hotel. By Zach Wichter ...