Compton specificly denied that their were any bailouts from Boeing. He said this in his phone message to ALPA (I believe that it was mid 12/00) I also vividly remember him saying that their was, "No white knights" and "Boeing was not interested".
The whole Boeing RUMOR cracks me up. To think that Boeing would bail out TWA after American had just signed an exclusive all Boeing contract is absurd. Yep, that makes sense piss off one of your potentally biggest customer ( remember in 1999 AA was placing huge all Boeing orders) just to save the 717.
It's a nice rumor but I go with the sworn Senate testimony any day of the week
G0G1,
you amaze me. You simply don't get it. The Boeing deal was no rumor. You were just told a few posts ago that this came from a TWA BOD member, perhaps you have a comprehension problem. As for Boeing p*ssing off AA, business is business, if Boeing beat AA to the punch, what is AA going to do, stop ordering airplanes from Boeing? If you really believe that, then your more naive than I originally thought.
I can comfirm the Boeing deal as I flew with the MEC Chairman at the time and he told me about the TWA BOD member and the entire story was that Boeing was going to rebate $250 million to TWA and bring in a turn around team, the turn around specialist was a firm, whose name I wish I could remember, but, perhaps someone else can chime in with the name. In either case, regarding the original assumption you brought up, once again, Compton, told the truth about TWA's cash crush, no one in court nor congress asked him how the cash crush came about, and he didn't divulge the information. Therefore, no perjury. And of course Compton would say there were no white Knights, Boeing, etc. because the Boeing deal was presented to the TWA BOD and never voted on as Compton was given one more shot at getting his deal done. BTW, only the Exec BOD members knew that Compton was working on AA, no one else knew. EVeryone else knew he had a potential buyer, but didn't know who.
Essentially, these are the facts, and what you hear or want to believe as an outsider who wasn't even at AA or if you were, you were just learning to fly big jets, doesn't really matter in the end. It's been 7 years and the issue is dead for most TWA pilots, we just don't want to hear from ill informed AA types like you. Move along, the accident is over.
Xtwapilot