If B747-437B could have gotten a hold of it, it'd still be around today.
Thanks for your vote of confidence Alpha1, but even the most optimistic members of our consortium wouldn't argue your position!
If Jet Acquisitions Group had succeeded in acquiring TWA in March 2001 as we had hoped, our business plan projections would have put us the most vulnerable from a cashflow standpoint towards the end of the summer travel season in early September with cash on hand from unflown revenue being at its lowest point while capital spending was just picking up.
As a result it is my belief that similar to Midway, we would not have had sufficient liquidity to resume operations on September 15, 2001 and the airline would simply have shut down at that time. Even if we had been able to scrounge together enough cash to keep going then, the industry-wide revenue crisis for the next two quarters would have virtually assured liquidation once the bailout money dried up.
If we had acquired TWA and 9/11 had not happened, then yes, I think TWA would have stood a fighting chance. I think our business plan was solid, our management team was able and our financing was in place. But world events have a way of scuttling even the best laid plans and there is no point dwelling on past hypotheticals.
"The A340-300 may boast a long range, but the A340 is underpowered" -- Robert Milton, CEO - Air Canada