Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: THURSDAY, June 29, 1995 TAG: 9506290065 SECTION: BUSINESS PAGE: B-7 EDITION: METRO SOURCE: DATELINE: ST. LOUIS LENGTH: Short
The airline has worked out a deal with creditors to wipe out a big chunk of its debt, allowing it to file what lawyers call a prepackaged bankruptcy reorganization plan.
TWA plans to continue flying its normal schedule during its reorganization, which should be complete by September, a TWA spokesman said Wednesday.
- Associated Press
by CNB