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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 .
It was modeled after the original 76-foot-tall (23 m), one-third scale TWA Moonliner at Disneyland's Tomorrowland attraction; TWA was the Moonliner's corporate sponsor until 1962. The Moonliner II was then removed from the building's roof by TWA's new owners, shortly after Howard Hughes sold his controlling interest in the airline. The iconic ...
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.
This operation was later sold by Trans World Corporation while under the leadership of Charles C. Tillinghast Jr. the CEO of TWA and the first known to receive a golden parachute employment contract. In 1983, Trans World Corporation, under Chief Executive Officer L. Edwin Smart, spun off Trans World Airlines [2] [3] to Carl C. Icahn, [citation ...
After Hughes sold his interest in TWA, the airline dropped their corporate sponsorship; the rocket then became the Douglas Moonliner when the Douglas Aircraft Company became its sponsor. This new Moonliner looked the same as the original, but the famous all-red TWA logo and stripes on the nose and landing legs were gone, replaced by a brand new ...
Late billionaire Howard Hughes once literally lost the shirt off his back -- and it can now be yours. Eccentric billionaire Howard Hughes’ items up for auction — including shirt lost in crap ...
Hughes had begun secretly buying up T&WA shares [66] and by March 1939, Hughes has a controlling interest in Trans-World Airlines (or TWA - as it was rebranded once he had taken over), with roughly 46% of the shares. [3] By August 1939, TWA and Boeing had resumed negotiations so TWA would get five 307s, and Hughes would get one. [3]
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