ATWOnline.com, the leading source for daily airline industry news and information, launched in 1997. Here is a look back: TWA blamed management missteps last summer and the "unquantified but significant business impact" of the loss of Flight 800 for contributing to a $284.8 million net loss in 1996, most of which occurred in the fourth quarter. TWA also cited unexpectedly high maintenance costs and the run-up in fuel prices. But primarily, it attributed the poor performance to ...

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