15134. TWA: BANKRUPTCY AND REORGANIZATION This paper provides a case study analysis of bankruptcy and reorganization at Trans World Airways (TWA). Following a brief history of the airline, the analysis considers both the 1992 bankruptcy/reorganization and the 1995 bankruptcy/reorganization and their aftermath. A final section examines current conditions at TWA and speculates on its future survival. KEYWORDS: case studies bankrupt airlines twa bankruptcy chapter 11 case solution term paper. APA Style. 13 pages, 26 footnotes, 19 bibliographic sources. 3,465 words.