jetwet1 wrote:Cointrin330 wrote:
Seems like one of the biggest issues with TWA post-1991 was that its product wasn't competitive, the planes were old, inefficient, and TWA's European stations were over-staffed and expensive to operate and maintain given EU labor laws. The 747's were by then simply too big, and the TW 800 disaster accelerated the phase out. DL, AA, and UA were on the rise, particularly at JFK, where DL took over PA's TATL footprint.
Not at all, yes the planes were older and not as efficient, but the real killer was Karabu.If you look at your dates, yes there were a couple of routes cut, but come June 1995 the Karabu Corp came into being and the real pain started for TW at JFK.sjones1975 wrote:amc737 wrote:There where reports of TWA being interested in a Stansted to JFK service as a way of getting back onto London New York route but this never started.
Karabu indeed played a huge role in accelerating the end of the line for TWA (as did the entire Icahn era at the company) it wasn't the only factor. Without a LHR link, with Wall Street in particular expanding rapidly in London, and a shrinking domestic route network mostly focused around JFK (in the NY area, that is) TWA was not the go to choice for corporate travel departments particularly with DL and AA's then footprint across the major airports in the region and by 1995, CO was finally headed in the right direction and rolling out what was then a very compelling product in BusinessFirst. TWA's products were not yet really being reworked (Trans World One and the rebranding effort launched a little later). The Flight 800 disaster in 1996 was seen by many as TWA's version of Pan Am 103 and just further accelerated the company's demise. Unfortunately for TWA, the crash happened on the same day the company reported a $100+ million dollar profit.
In fact, TWA CEO Jeffrey Erickson was in London on business on the day of the TWA 800 tragedy in July 1996. He was likely there exploring the possibility of a TWA return to the JFK-LON market.
Again, I doubt it, Karabu would have made it a financial suicide mission.