Originally Posted by B757200ER

Eaglefly is incorrect stating "Based on TWA's situation (3 months operating cash), it was felt that the career expectations weren't there..." . That wasn't true, and (3) offers were on the table for our MEC Chairman to consider at that time. #1 was AMR's purchase of all of TWA's assets after TWA declared chapter 11; #2 was a large code-share and equity swap with AmericaWest, which was given a thumbs-up by most on Wall Street; #3 was a cash infusion by Boeing, management replaced by J Alix (turnaround specialists). There were other options, and TWA had more than '3 months of cash' left with which to operate.