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Six months later Hughes sold the studio to the General Tire and Rubber Company for $25 million. Hughes retained the rights to pictures that he had personally produced, including those made at RKO. He also retained Jane Russell's contract. For Howard Hughes, this was the virtual end of his 25-year involvement in the motion-picture industry.
Trans World Airlines (TWA) was a major airline in the United States that operated from 1930 until it was acquired by American Airlines in 2001. It was formed as Transcontinental & Western Air to operate a route from New York City to Los Angeles via St. Louis, Kansas City, and other stops, with Ford Trimotors .
Using his TWA travel privileges, he began flying to Chicago to buy cars that he drove back to California to sell. Soon, he had a van and was transporting a number of vehicles on every trip. [1] He left TWA to form his own company in 1951, first buying surplus Wright R-3350 engines from Boeing B-29s and selling the parts to airlines. [3]
In 1956 Hughes added a 22-foot-tall (6.7 m) version of the Disneyland Moonliner, known as the TWA Moonliner II, atop the southwest corner of the TWA Corporate Headquarters' Building, located at 18th Street and Baltimore, near downtown Kansas City, MO. When Hughes and Disney ended their business partnership in 1961 after Hughes sold TWA, the ...
Since TWA was unable to provide funding, Howard Hughes had his other company, the Hughes Tool Company, fund the construction of the airliner. Hughes ordered 40 Excaliburs on July 10, 1940, making the order the largest in airline history at the time. The development was to be kept a secret until the 35th aircraft was delivered to TWA.
Disneyland's TWA Moonliner was a promotional concept of what a TWA atomic-powered spaceliner would look like in the faraway year of 1986. [23] When Hughes and Disney ended their business partnership in 1962 after Hughes sold TWA, the airline's new management removed the Moonliner II reproduction from its roof and sold it to a local travel ...
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Hughes' interest was airplanes, and his initial involvement was the development and financing of the Lockheed Constellation for TWA. On April 17, 1944, Frye set his third transcontinental record when he and Hughes flew the Constellation prototype on a record 6 hour 58 minute flight from Los Angeles to Washington D.C. [1] [16]