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JUDGE WON'T HALT TWA BID PROCESS

WASHINGTON, According to Reuters Continental Airlines it rescinded its appeal of a decision allowing an auction of Trans World Airlines Inc. assets, just a day after a bankruptcy court denied a Continental motion to halt the auction process. American Airlines' parent AMR Corp. is likely to be the only bidder for TWA when the auction closes on Feb. 28, and Continental has claimed American is receiving...

AVIONEWS - World Aeronautical Press Agency - 8701
Rome, Italy, 02/23/2001 17:18
AVIONEWS - World Aeronautical Press Agency

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