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New Castle News in New Castle, Pennsylvania

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Newspaper

New Castle News

Location

New Castle, Pennsylvania, United States of America

Date

Jun 30, 1992

Page

5

TWA weighs asset buyout by USAir amid possible BA stake

Trans World Airlines says talks on a possible asset buyout by USAir are under way and British Airways could take a sizable stake in a combined carrier. Analysts note the deal would broaden US Atlantic reach for USAir and give BA access to U.S. passengers, as TWA reorganizes in bankruptcy and faces fare restructuring.

New York Trans World Airlines Usair British Airways Pittsburgh British Air TWA U.S Icahn Wilbur Ross Rothschild Inc Wall Street Journal Kevin Murphy Morgan Stanley & Co. Inc Lufthansa German Airlines Air France KLM American United Delta Atlantic America Britain United States Midwest

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