I don't know what planet AWAFLYER is on but, the FAA (who does have the authority) told HP they could not accept anymore aircraft until they were satisfied that the abysmal maint. operation HP runs is cleaned up.
TWA is still cleaning up a decade and a half of issues... Karabu was a deal they entered into when TWA was fighting to survive a second bankruptcy. It kills off 45% of the fare on ANY published fare issued thru Global Discount Travel (aka Icahn... aka Lowestfare.com) This deal was originally intended to be an alternative form of paying off the debt to Icahn industries and it would not be available to the general public... (that's why they didn't put a cap on it). Icahn sells to the general public beat TWA in court and they are stuck with this rediculious deal until I believe 2002 or 2003 then it goes away and will save hundreds of millions of lost revenue. TWA is also having to refurb a fleet that under Icahn and prior managment was neglected since 1973/74. They have down an excellent job of refurbing the fleet in 3 years.. (retire 747,L1011,727,DC-9-10/20/40/50, older 767-200's) and replace with 717,757,767-300ER,MD80's... This all comes with a lot of expense.. additionally, The European city closing although not pleasant saves millions long term (FCO,MAD,BCN) (I personally think a 757 tag end could have kept BCN-MAD alive. FCO was hopeless due to Karabu). TWA needs work rule relief from the IAM they are the only airline that still uses an A&P to push back aircraft and to escort catering trucks. 1 minute of mech. overtime buys an hour on the paychecks... Get the work rules under control and the airline is gonna make a turnaround. They have to get the net contracts lined up and out from under Karabu and look out they will be a force to be reckoned with. TWA hopefully will make it.