ROANOKE TIMES 

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, March 15, 1991                   TAG: 9103150220
SECTION: BUSINESS                    PAGE: A7   EDITION: METRO 
SOURCE: 
DATELINE: NEW YORK                                LENGTH: Short

SALE OF ONLY 3 TWA LONDON ROUTES OK'D

The Department of Transportation tentatively approved the sale of only three of the six London routes that Trans World Airlines had agreed to sell American Airlines, an action that TWA Chairman Carl C. Icahn said could spell "disaster" for his airline.

The department Thursday rejected the sale of TWA's routes from Philadelphia, Baltimore and St. Louis, saying that the sale would stifle competition. The sale of routes from Los Angeles, New York and Boston to London was tentatively approved.

TWA was to receive $445 million for the six routes, the lion's share of which was for the three routes that were approved. - Los Angeles Times 


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