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Transcontinental Air Transport (T-A-T) was an airline founded in 1928 by Clement Melville Keys that merged in 1930 with Western Air Express to form what became TWA. Keys enlisted the help of Charles Lindbergh to design a transcontinental network to get government airmail contracts.
TRANS CONTINENTAL AIRLINES: United States (1972-2000) Established at Ypsilanti in 1972 as the flight training center International Airlines Academy, the company elects to add an air cargo division in early 1975.
- Origins
- New Owners in The 1930s and 1940s
- Overseas in World War II
- Mid-1950S Bailout
- Diversifying in The 1960s
- Raided in The 1980s
- Losing Money in The 1990s
- Principal Subsidiaries
- Further Reading
TWA was established through the merger of several small airline companies in the 1920s. One of those small companies was Maddux Air Lines, which began a luxury passenger service between Los Angeles and San Diego on July 21, 1927. Maddux and a number of other carriers were organized by a group of investors who sought to establish a transcontinental ...
Air travel was a risky business in the 1930s. Breaches in pilot discipline and frequent equipment failures caused a number of TWA airplane crashes. At one point, the airline was losing five percent of its personnel annually to such accidents. The company was further troubled when the Roosevelt Administration decided to cancel all government airmail...
TWA was one of the first American airline companies to serve during the Battle of Britain in 1940. Even before the U.S. government had officially committed itself to the war effort, TWA was helping the Army Air Corps assist the British. When the U.S. became fully involved in 1941, TWA was assigned two military supply routes: the North Atlantic rout...
Damon’s successor was Carter Burgess, a former Assistant Secretary of Defense. Burgess lasted only 11 months, during which time he never even met Hughes. TWA’s next president was Charles Thomas. Thomas kept a low profile, followed all of Hughes’s orders, and kept the company in good financial condition. When Thomas took over in the mid-1950s, all o...
Aside from the large profits and the Hughes fiasco, the 1960s were important in another way. It was at this time that Tillinghast made perhaps his most important contribution. Hoping to provide the company with protection against the unpredictable and unstable airline business, he initiated a diversification program aimed at strengthening the airli...
On January 1, 1979, TWA created a holding company called the Trans World Corporation, which assumed ownership of the airline and the various subsidiaries. Several years later, facing financial difficulties, Trans World Corporation decided to sell its airline. Thus TWA was acquired by “corporate raider” Carl Icahn early in 1986. Icahn’s style of “ra...
From 1985 until January 1992, when TWA declared Chapter 11 bankruptcy, its share of the domestic market had slipped from seven percent to 5.5 percent and its slice of the international market was halved from 20.9 percent to 10 percent. The company’s bankruptcy reorganization plan called for its 28,000 employees to make 15 percent ($660 million) wag...
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Alexander, Keith L., “TWA Changing ‘From Inside Out’,” USA Today, July 17, 1995, p. 8B. Biederman, Paul, The U.S. Airline Industry: End of an Era, New York: Praeger, 1982. Carey, Christopher, “Agreement with Indianapolis Carrier Gives TWA Regional Presence; Deal with Chautauqua Airlines Is for 10 Years,” St. Louis Post-Dispatch, November 4, 1999, p...
Contents. Transcontinental Air Transport. American company. Learn about this topic in these articles: Trans World Airlines, Inc. In Trans World Airlines, Inc. …Air Express (founded 1925) and Transcontinental Air Transport (founded 1928).
Aug 27, 2024 · Trans Continental Airlines (ICAO: TCN) was an airline based in Ypsilanti, United States founded in 1972 and ceased operations in 1999.
Transcontinental flight, a flight across a continent, such as from the Atlantic Ocean to the Pacific across the U.S. Transcontinental railroad, a railway that crosses a continent, typically from coast to coast. Transcontinental walk, crossing a continent on foot.
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Continental Airlines (simply known as Continental) was a major airline in the United States that operated from 1934 until it merged with United Airlines in 2012. It had ownership interests and brand partnerships with several carriers.
