ROANOKE TIMES

                         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


TWA PLANNING ITS 2ND BANKRUPTCY FILING

Trans World Airlines plans to make its second bankruptcy filing in 3 1/2 years, but this visit is expected to be brief.

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