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{"id":7133056794783,"title":"Trans World Airlines, Inc. (TWA)","handle":"trans-world-airlines-inc-twa-2","description":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eNicely engraved antique stock certificate from Trans World Airlines, Inc. dating back to the 1990's. This document was printed by the Banknote Corporation of America and measures approximately 12\" (w) by 8\" (h).\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cdiv style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003cbr\u003e\n\u003c\/div\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cdiv style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/trans-world-airlines\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/TWA2.png?v=1633875165\" style=\"margin-bottom: 15px; margin-left: 45px; float: right;\"\u003e\u003c\/a\u003e\u003c\/div\u003e\n\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/trans-world-airlines\"\u003e\u003cstrong\u003eTWA\u003c\/strong\u003e\u003c\/a\u003e was formed on July 16, 1930, in the amalgamation of divisions of Western Air Express (founded 1925) and Transcontinental Air Transport (founded 1928). Western Air Express had flown both mail and passengers in its first year of service between \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/los-angeles-california\"\u003e\u003cstrong\u003eLos Angeles\u003c\/strong\u003e\u003c\/a\u003e and \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/salt-lake-city-utah\"\u003e\u003cstrong\u003eSalt Lake City, Utah\u003c\/strong\u003e\u003c\/a\u003e (1926), and in 1930 TWA inaugurated coast-to-coast service from \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/newark-new-jersey\"\u003e\u003cstrong\u003eNewark, New Jersey\u003c\/strong\u003e\u003c\/a\u003e, to Los Angeles in 36 hours with a stopover in \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/kansas-city-missouri\"\u003e\u003cstrong\u003eKansas City, Missouri\u003c\/strong\u003e\u003c\/a\u003e. In 1934 Western Air Express again became independent (later to be called Western Air Lines), but TWA continued as a transcontinental airline. Until 1950 it was known as Transcontinental \u0026amp; Western Air, Inc.\u003cbr\u003e\u003cbr\u003eIn 1946, TWA inaugurated international flights between \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/new-york-city\"\u003e\u003cstrong\u003eNew York City\u003c\/strong\u003e\u003c\/a\u003e and Paris, quickly expanding by the 1950s to routes through Europe, the Middle East, Africa, and Asia. From 1969 to 1975 it operated transpacific services and was a round-the-world carrier, but in 1975 it suspended such services in a route exchange with \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/pan-american-world-airways\"\u003e\u003cstrong\u003ePan American World Airways\u003c\/strong\u003e\u003c\/a\u003e.\u003cbr\u003e\u003cbr\u003e The financier and aviation pioneer Howard Hughes was the principal stockholder and guiding genius of TWA from 1939 until 1960–61, when he lost control of the \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/commercial-airlines\"\u003e\u003cstrong\u003eairline\u003c\/strong\u003e\u003c\/a\u003e to a group of Wall Street banks and \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/banking-finance\"\u003e\u003cstrong\u003efinancial institutions\u003c\/strong\u003e\u003c\/a\u003e that had financed the purchase of jet \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/aviation\"\u003e\u003cstrong\u003eaircraft\u003c\/strong\u003e\u003c\/a\u003e for the airline. An antitrust suit was mixed in with the complex civil litigation, and the multiple litigation involved repeated court hearings, before which the reclusive Hughes refused to appear. In 1966 he sold his TWA shares for more than $500 million.\u003cbr\u003e\u003cbr\u003eTWA reorganized under the ownership of a \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/holding-companies\"\u003e\u003cstrong\u003eholding company\u003c\/strong\u003e\u003c\/a\u003e called Transworld Corporation in 1979, but Transworld sold TWA to the public in 1984 in the course of defending itself against a threatened hostile takeover. By then TWA was experiencing financial troubles, and in late 1985 the American investor Carl C. Icahn acquired the airline. In 1986 TWA bought Ozark Air Lines, Inc., a carrier with routes centred on the south-central United States. Although it continued to operate as usual, the company filed for bankruptcy (to enable timely reorganization) in 1992. Despite emerging from bankruptcy the following year, TWA continued to operate at a loss and announced in January 2001 that \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/american-airlines\"\u003e\u003cstrong\u003eAmerican Airlines\u003c\/strong\u003e\u003c\/a\u003e would acquire its assets. TWA ceased to exist as a separate airline in December 2001.\n\u003cp\u003e \u003c\/p\u003e","published_at":"2021-10-10T10:13:09-04:00","created_at":"2021-10-10T10:05:14-04:00","vendor":"Ghosts of Wall Street","type":"Stock Certificates","tags":["*T*","1990s","Aviation","California","Commercial Airlines","Date_1990s","Famous Companies","Kansas City","Los Angeles","Missouri","New Jersey","Newark","Region_East","Region_Midwest","Region_South","Region_West","Trans World Airlines"],"price":3500,"price_min":3500,"price_max":3500,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":41291440619679,"title":"Default Title","option1":"Default Title","option2":null,"option3":null,"sku":"8616","requires_shipping":true,"taxable":true,"featured_image":null,"available":true,"name":"Trans World Airlines, Inc. (TWA)","public_title":null,"options":["Default Title"],"price":3500,"weight":7,"compare_at_price":null,"inventory_management":"shopify","barcode":"","requires_selling_plan":false,"selling_plan_allocations":[]}],"images":["\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/8616.png?v=1633874801"],"featured_image":"\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/8616.png?v=1633874801","options":["Title"],"media":[{"alt":"Trans World Airlines, Inc. (TWA) Stock Certificate","id":23653839634591,"position":1,"preview_image":{"aspect_ratio":1.497,"height":1002,"width":1500,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/8616.png?v=1633874786"},"aspect_ratio":1.497,"height":1002,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/8616.png?v=1633874786","width":1500}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eNicely engraved antique stock certificate from Trans World Airlines, Inc. dating back to the 1990's. This document was printed by the Banknote Corporation of America and measures approximately 12\" (w) by 8\" (h).\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cdiv style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003cbr\u003e\n\u003c\/div\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cdiv style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/trans-world-airlines\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/TWA2.png?v=1633875165\" style=\"margin-bottom: 15px; margin-left: 45px; float: right;\"\u003e\u003c\/a\u003e\u003c\/div\u003e\n\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/trans-world-airlines\"\u003e\u003cstrong\u003eTWA\u003c\/strong\u003e\u003c\/a\u003e was formed on July 16, 1930, in the amalgamation of divisions of Western Air Express (founded 1925) and Transcontinental Air Transport (founded 1928). Western Air Express had flown both mail and passengers in its first year of service between \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/los-angeles-california\"\u003e\u003cstrong\u003eLos Angeles\u003c\/strong\u003e\u003c\/a\u003e and \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/salt-lake-city-utah\"\u003e\u003cstrong\u003eSalt Lake City, Utah\u003c\/strong\u003e\u003c\/a\u003e (1926), and in 1930 TWA inaugurated coast-to-coast service from \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/newark-new-jersey\"\u003e\u003cstrong\u003eNewark, New Jersey\u003c\/strong\u003e\u003c\/a\u003e, to Los Angeles in 36 hours with a stopover in \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/kansas-city-missouri\"\u003e\u003cstrong\u003eKansas City, Missouri\u003c\/strong\u003e\u003c\/a\u003e. In 1934 Western Air Express again became independent (later to be called Western Air Lines), but TWA continued as a transcontinental airline. Until 1950 it was known as Transcontinental \u0026amp; Western Air, Inc.\u003cbr\u003e\u003cbr\u003eIn 1946, TWA inaugurated international flights between \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/new-york-city\"\u003e\u003cstrong\u003eNew York City\u003c\/strong\u003e\u003c\/a\u003e and Paris, quickly expanding by the 1950s to routes through Europe, the Middle East, Africa, and Asia. From 1969 to 1975 it operated transpacific services and was a round-the-world carrier, but in 1975 it suspended such services in a route exchange with \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/pan-american-world-airways\"\u003e\u003cstrong\u003ePan American World Airways\u003c\/strong\u003e\u003c\/a\u003e.\u003cbr\u003e\u003cbr\u003e The financier and aviation pioneer Howard Hughes was the principal stockholder and guiding genius of TWA from 1939 until 1960–61, when he lost control of the \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/commercial-airlines\"\u003e\u003cstrong\u003eairline\u003c\/strong\u003e\u003c\/a\u003e to a group of Wall Street banks and \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/banking-finance\"\u003e\u003cstrong\u003efinancial institutions\u003c\/strong\u003e\u003c\/a\u003e that had financed the purchase of jet \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/aviation\"\u003e\u003cstrong\u003eaircraft\u003c\/strong\u003e\u003c\/a\u003e for the airline. An antitrust suit was mixed in with the complex civil litigation, and the multiple litigation involved repeated court hearings, before which the reclusive Hughes refused to appear. In 1966 he sold his TWA shares for more than $500 million.\u003cbr\u003e\u003cbr\u003eTWA reorganized under the ownership of a \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/holding-companies\"\u003e\u003cstrong\u003eholding company\u003c\/strong\u003e\u003c\/a\u003e called Transworld Corporation in 1979, but Transworld sold TWA to the public in 1984 in the course of defending itself against a threatened hostile takeover. By then TWA was experiencing financial troubles, and in late 1985 the American investor Carl C. Icahn acquired the airline. In 1986 TWA bought Ozark Air Lines, Inc., a carrier with routes centred on the south-central United States. Although it continued to operate as usual, the company filed for bankruptcy (to enable timely reorganization) in 1992. Despite emerging from bankruptcy the following year, TWA continued to operate at a loss and announced in January 2001 that \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/american-airlines\"\u003e\u003cstrong\u003eAmerican Airlines\u003c\/strong\u003e\u003c\/a\u003e would acquire its assets. TWA ceased to exist as a separate airline in December 2001.\n\u003cp\u003e \u003c\/p\u003e"}

Trans World Airlines, Inc. (TWA)

$35.00
Maximum quantity available reached.
Stock Number: 8616
Product Details

Nicely engraved antique stock certificate from Trans World Airlines, Inc. dating back to the 1990's. This document was printed by the Banknote Corporation of America and measures approximately 12" (w) by 8" (h).

Images
You will receive the exact certificate pictured.
    Historical Context

     

    TWA was formed on July 16, 1930, in the amalgamation of divisions of Western Air Express (founded 1925) and Transcontinental Air Transport (founded 1928). Western Air Express had flown both mail and passengers in its first year of service between Los Angeles and Salt Lake City, Utah (1926), and in 1930 TWA inaugurated coast-to-coast service from Newark, New Jersey, to Los Angeles in 36 hours with a stopover in Kansas City, Missouri. In 1934 Western Air Express again became independent (later to be called Western Air Lines), but TWA continued as a transcontinental airline. Until 1950 it was known as Transcontinental & Western Air, Inc.

    In 1946, TWA inaugurated international flights between New York City and Paris, quickly expanding by the 1950s to routes through Europe, the Middle East, Africa, and Asia. From 1969 to 1975 it operated transpacific services and was a round-the-world carrier, but in 1975 it suspended such services in a route exchange with Pan American World Airways.

    The financier and aviation pioneer Howard Hughes was the principal stockholder and guiding genius of TWA from 1939 until 1960–61, when he lost control of the airline to a group of Wall Street banks and financial institutions that had financed the purchase of jet aircraft for the airline. An antitrust suit was mixed in with the complex civil litigation, and the multiple litigation involved repeated court hearings, before which the reclusive Hughes refused to appear. In 1966 he sold his TWA shares for more than $500 million.

    TWA reorganized under the ownership of a holding company called Transworld Corporation in 1979, but Transworld sold TWA to the public in 1984 in the course of defending itself against a threatened hostile takeover. By then TWA was experiencing financial troubles, and in late 1985 the American investor Carl C. Icahn acquired the airline. In 1986 TWA bought Ozark Air Lines, Inc., a carrier with routes centred on the south-central United States. Although it continued to operate as usual, the company filed for bankruptcy (to enable timely reorganization) in 1992. Despite emerging from bankruptcy the following year, TWA continued to operate at a loss and announced in January 2001 that American Airlines would acquire its assets. TWA ceased to exist as a separate airline in December 2001.

     

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