FlyerTalk Forums - View Single Post - Hertz's hurts & the elite crossover benefit
Old May 28, 2020, 7:42 pm
  #20  
jrl767
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Originally Posted by Lomapaseo
I thought it was Howard Hughes that screwed TWA
Icahn was the one who pretty much single-handedly drove TW into bankruptcy after deregulation ... he bought the airline ~1985, filed Chapter 11 in 1992, and was forced out the next year; the airline emerged a shadow of its former self and went back into bankruptcy in 1995; it was finally acquired by AA ~2001 in a third bankruptcy proceeding

https://en.m.wikipedia.org/wiki/Trans_World_Airlines
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