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AIRLINE INDUSTRY INFORMATION-©1997-2001 M2 COMMUNICATIONS LTD
A district court in Tel Aviv, Israel has issued an injunction against Trans World Airlines that prohibits the carrier from moving any of its assets out of Israel.
According to Globes, a local business newspaper, the injunction will remain in force until a hearing scheduled for next Sunday (1 April). The ruling allows the airline to move any assets needed for the regular operation of flights.
The injunction was awarded at the request of TWA employees who, according to the Globes report, 'received several telegrams from the company's management in the United States containing some unusual orders to send to the United States a series of spare parts and components worth an estimated USD200,000.'
TWA employees are concerned that American Airlines, a US airline set to purchase TWA, is to cease all services to Israel due to economic reasons. The workers claim that the route is profitable.
A district court in Tel Aviv, Israel has issued an injunction against Trans World Airlines that prohibits the carrier from moving any of its assets out of Israel.
According to Globes, a local business newspaper, the injunction will remain in force until a hearing scheduled for next Sunday (1 April). The ruling allows the airline to move any assets needed for the regular operation of flights.
The injunction was awarded at the request of TWA employees who, according to the Globes report, 'received several telegrams from the company's management in the United States containing some unusual orders to send to the United States a series of spare parts and components worth an estimated USD200,000.'
TWA employees are concerned that American Airlines, a US airline set to purchase TWA, is to cease all services to Israel due to economic reasons. The workers claim that the route is profitable.



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