Global Airlines Corp

US Airways Group dismissed a takeover attempt made by Global Airlines Corp., a holding company with no operations that earlier this year failed to buy Trans World Airlines Inc. New York-based Global Airlines, which is owned by little-known investor Emil Bernard, offered to pay $1.8 billion, or $27 a share in cash and stock, for US Airways. "Neither Mr.

US Airways Group dismissed a takeover attempt made by Global Airlines Corp., a holding company with no operations that earlier this year failed to buy Trans World Airlines Inc. New York-based Global Airlines, which is owned by little-known investor Emil Bernard, offered to pay $1.8 billion, or $27 a share in cash and stock, for US Airways. "Neither Mr.

A holding company that tried but failed to buy Trans World Airlines Inc. this year is launching an offer for US Airways Group, which called off its $4.3-billion merger with United Airlines on July 27. Global Airlines Corp. of New York said Sunday it will offer $1.8 billion, or $27 a share in cash and stock, for Arlington, Va.-based US Airways and assume nearly $8 billion in debt. Shares of US Airways were up 8 cents to close at $16.88 in trading Friday on the New York Stock Exchange.

A holding company that tried but failed to buy Trans World Airlines Inc. this year is launching an offer for US Airways Group, which called off its $4.3-billion merger with United Airlines on July 27. Global Airlines Corp. of New York said Sunday it will offer $1.8 billion, or $27 a share in cash and stock, for Arlington, Va.-based US Airways and assume nearly $8 billion in debt. Shares of US Airways were up 8 cents to close at $16.88 in trading Friday on the New York Stock Exchange.

Trans World Airlines Inc., crippled by a decade of red ink, is now celebrating its 75th anniversary in ignominious fashion: The stock-market value of the entire airline isn't much more than the sticker price of a single new 747 jetliner. The St. Louis-based airline operates a fleet of 190 jets, serves destinations on three continents and employs more than 20,000 people. Its domestic hubs are in St.

Trans World Airlines Inc., crippled by a decade of red ink, is now celebrating its 75th anniversary in ignominious fashion: The stock-market value of the entire airline isn't much more than the sticker price of a single new 747 jetliner. The St. Louis-based airline operates a fleet of 190 jets, serves destinations on three continents and employs more than 20,000 people. Its domestic hubs are in St.