After 1960, Huanhang entered the jet age and became one of the earliest jet airlines in the world. Huanhang and Pan Am are the main customers of Boeing B747. In the European market, TWA has surpassed Pan Am. 1969 obtained the permission of American authorities, entered the Pacific market for the first time, and set up flights to Hawaii, Japan and Taiwan Province province. First bankruptcy (1992)
Under the management of President Tillinghast, Huanhang continues to maintain its golden glory. However, Tillinghast ignores the lucrative Pacific market and the freight service that contributes a lot. He even said that there was no profit for Huanhang and he gave up, but this move buried one of the factors for the deterioration of Huanhang's financial situation in the future. The abrogation of Air Traffic Control Law greatly affected Huanhang, and since then Huanhang has sold its profitable business projects. As a result, Huanhang declared bankruptcy at 1992.
Second Bankruptcy (1995)
After carl icahn left Huaneng on 1993, he bought the ticket printing right of Huaneng through his own Kalab company, but this made Huaneng pay a considerable fee to Kalab company every year. So he declared bankruptcy again at 1995.
Huanhang explosion (Huanhang Flight 800)
1July, 996 17, model B747- 100, fleet number N93 1 19, flying 800, exploded over Long Island, new york. All 230 people on board were killed. (Refer to TWA Flight 800)
Temporary recovery (1998~200 1)
Explosions around the world highlight the old flight safety crisis of the global aviation fleet. In order to regain its previous reputation, Huanhang began to reorganize.
* Fleet update: Huanhang announced the purchase of 125 new passenger aircraft, and the fleet was completely updated and reduced. The old Boeing 747, 727, Lockheed L-101and Boeing DC-9 were completely eliminated. A brand-new fleet, consisting of Boeing 7 17, 757, 767 and Boeing MD-80, has small passenger capacity but high economic performance. Huanhang also ordered a brand-new A3 18 passenger plane from Airbus (but A3 18 was not delivered to Huanhang).
* International routes have shrunk dramatically: At that time, Huanhang occupied a place in the domestic market, but at this time, Huanhang shifted its business focus to the domestic market in the United States. A number of international routes have been suspended, and international flights have also been reduced to European routes such as London, Paris, Lisbon and Milan, as well as Cairo, Riyadh and Tel Aviv in the Middle East.
The third bankruptcy (200 1)
On 20011day, Huanhang filed for bankruptcy again. Due to the inability of Huanhang to bear the restructuring fund of up to 500 million US dollars, American Airlines finally offered assistance, which is estimated to need 2 trillion US dollars [1]. Finally, TWA reached an agreement with American Airlines to formally merge TWA, and TWA, which once created brilliant history in American aviation industry, officially entered history.
Terminal 5
Terminal 5 of JFK International Airport in new york was completed on 1962, designed by Finnish architect Eero Saarinen, with a unique shape. It used to be a special wharf for sailing around the world, and it is currently being renovated. From 2008, it will become the exclusive terminal of JetBlue, a low-cost airline.
The target of terrorist attacks
From 1969 to 1986, circumnavigation became the target of Palestinian terrorists. Because Hua 'an was a big market in Europe at that time, terrorists retaliated against the United States and Israel by hijacking Hua 'an aircraft.
*1969,840 was hijacked by the leftist Popular Front for the Liberation of Palestine and flew to Damascus, with its nose blown off. Fortunately, all the people on board are safe. The plane was repaired and put into use again.
* 1970, 74 1 flight was hijacked by the Popular Front for the Liberation of Palestine on the way from Frankfurt to new york and flew to Jordan (other European and American flights were also hijacked at that time), and no one was injured. But the plane was blown up.
*1974,841Flight flew from Tel Aviv to new york and exploded over the Ionian Sea, killing all 88 people.
*1985,847 was originally scheduled to fly from Athens to Rome. But shortly after taking off, it was hijacked by terrorist organizations related to Hezbollah and flew to Beirut and Algiers. An American sailor was killed in this incident. (The plot of the movie "Delta Force" is based on this event. Interestingly, during the two-week hijacking, the plane flew back and forth between Beirut and Algiers, and the fuel fee was paid by the flight attendant Uli Derickson's Shell Petroleum Credit Card.
*1986,840 exploded over the Greek town of Argos on the way from Rome to Athens. It killed four American passengers, including a nine-year-old child.