I got a return letter from TWA.

Basically a non-answer that they needed to make changes to ensure the economic viability of the program and company. I find it hard to believe that continuing to honor their promise regarding Equity Awards puts the company's survival at risk, but that is what they represent. I doubt they will be able to convince a court of that.

I wrote Ms. Rice back asking her to reconcile eliminating the Equity Award given the statement TWA made back in 1995 that "FFB miles earned through 6/30/89 will always be available to claim FFB Equity Awards."

It will be interesting to see what she says.

BTW given that Randy is supposed to represent the interests of the frequent flyer I find surprising that he hasn't called TWA on this one. Wonder why he is shying away from this. I sent him a copy of the sheet then called him to talk about the situation, but couldn't reach him.

Anybody know how to get his take on this?