Had United not embarked on its ill-fated attempt to buy US Airways,TWA would have been left to its own devices.
Would it have survived in the post 9/11 airline world? No one can say with any degree of certainty.
For those who say TWA would have gotten an ATSB loan I'd ask how willingly the IAM would have given the required concessions.Weren't they due a new contract in '01? Wasn't O'Driscoll already making noises about an 'Industry standard' contract?
Boeing has problems of its own as witnessed by the announcement of an additional 5,000 layoffs last week.
Considering how airlines have become incredible sinkholes of capital in the last 18 months how would Boeing justify having a major interest in an airline on its already strained balance sheet?