Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, April 3, 1991 TAG: 9104030543 SECTION: BUSINESS PAGE: B-7 EDITION: EVENING SOURCE: DATELINE: LENGTH: Short
Trans World Airlines Inc. said Tuesday it has hired legal advisers in case it is forced to seek court protection from creditors under the federal bankruptcy law. TWA says it lost $237.6 million last year and has so far failed to negotiate wage and benefit cuts with its employees.
United Airlines has shown a renewed interest in acquiring large parts of Pan American World Airways in talks between the carriers in recent weeks, two people in the industry say.
by CNB