Newsstand - Continental Drops TWA Appeal

Twenty-four hours after a federal judge ruled against them Continental Airlines dropped an appeal of the bidding process for Trans World Airlines.

More info http://news.airwise.com/stories/2001/02/982931411.html

IMHO, the AA-TWA is now just about a done deal. Texan Bush and Missourian Ashcroft are not going to torpedo this arangement, especially since it saves jobs for Ashcroft's home state and it allows AA, headquatered in Texas, to compete with an elarged United after it swallows US Air.

Kempis --

Was my post in response to your inquiry re cheap European Hiltons helpful?

Continental must have some sort of merger/buyout of their own in the works, otherwise they would not be backing out of their protests so quickly.