TWA Modernizes Fleet With Additional Boeing Jetliners

Trans World Airlines, Inc. (TWA) today announced an order for four Boeing 757-200 airplanes for delivery in 1999. The airline also announced the lease of one extended-range 767-300ER from International Lease Finance Corp. (ILFC), also to be delivered in 1999. The acquired airplanes will give TWA a fleet of 27 757-200s and five 767-300s by January 2000.

"As TWA makes additional progress in its fleet renewal plan, our average aircraft age will continue to decrease," said TWA Chairman and Chief Executive Officer Gerald Gitner. "By the end of the decade, TWA will have replaced more than 41 percent of its fleet within just three and a half years. This order and other recent equipment acquisitions further confirm TWA's commitment to operate a modern, efficient airline that serves its customers, employees and shareholders with new products, services and new aircraft."

TWA, which now operates 16 757s, will receive 10 more 757s in 1999, with the 27th 757 to be delivered in January 2000.

TWA also recently announced plans to acquire three additional 757-200s under lease from ILFC and 24 MD-83s from Boeing, all but one of which will be delivered by the end of 1999. In 1999, TWA will receive an average of one new airplane every 10 days. The new MD-83s will increase TWA's MD-80 fleet to 103 aircraft.

The new 757-200s will replace the airline's remaining fleet of Boeing 727-200 aircraft by year-end 1999.

The Boeing 757-200 is a versatile single-aisle airplane which can fly routes ranging from 500-nautical mile domestic trips to 4,000-nautical mile transatlantic journeys.