American
Airlines has announced that it has received notice that the United
States Department of Transportation has approved the transfer of
passenger certificates from Trans World Airlines, Inc. to American
Airlines and its subsidiary, TWA Airlines LLC. This transfer, which
includes interstate and foreign scheduled passenger certificates and
other authorities currently issued to TWA, represents the successful
completion of another step in American’s acquisition of TWA.
Donald J. Carty, chairman and CEO of America Airlines, said, "We’re
gratified by DOT’s quick response to our application for the transfer of
these certificates. The Department’s action affirms the benefits of this
transaction to the flying public and recognizes TWA’s position as a
failing carrier. This transaction protects thousands of TWA jobs and
will create tremendous new career opportunities for TWA and American
employees. It also will allow us to provide an even broader network for
our customers. We look forward to closing this transaction on Monday."
American Airlines and its regional airline affiliate, American Eagle,
together serve more than 240 cities in 49 countries and operate
approximately 4,100 daily flights. American Airlines, which traces its
beginnings to 1926, today operates a fleet of 720 modern jetliners and
employs more than 103,000 people worldwide. American Airlines and
American Eagle are both wholly owned by AMR Corp. (NYSE: AMR). |