jessman
Posts: 1457
Joined: Sun Jul 08, 2001 1:11 pm

TWA's Stock In Worldspan.

Thu May 16, 2002 1:03 pm

What happened to TWAs stock in Worldspan when American bought TWA? Did they sell it to Northwest and Delta, who still use worldspan, or did they keep it as an investment. Do former TWA reservations agents still use part of it? I can't imagine American using any part of anything but Sabre.
 
AA717driver
Posts: 1502
Joined: Tue Feb 12, 2002 8:27 am

RE: TWA's Stock In Worldspan.

Thu May 16, 2002 1:35 pm

AMR still holds the ownership stake. It takes permission and an agreed-upon price from the other two members to sell out. Neither NW or DL is currently willing to buy out AMR's stake.

AMR is collecting revenue from Worldspan and biding its time...TC
FL450, M.85
 
Prinair
Posts: 627
Joined: Thu Dec 02, 1999 7:28 am

RE: TWA's Stock In Worldspan.

Thu May 16, 2002 6:13 pm

I should not be long before Amadeus purchases Worldspan.

They have been negotiating for a while now.
PRINAIR - Puerto Rico International Airlines
 
acvitale
Posts: 1911
Joined: Sat Aug 18, 2001 8:25 am

RE: TWA's Stock In Worldspan.

Fri May 17, 2002 8:45 am

I doubt that you will see Worldspan merge with Amadeus anytime soon...

More money is available from an IPO

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos