Business Services Industry
In Ticket Dispute, TWA Drops Massachusetts Travel Agency from Network.(Originated from The Boston Globe)
Knight Ridder/Tribune Business News, March, 1996 by Mohl, Bruce
Mar. 7--Trans World Airlines Inc. yesterday cracked down on a Dedham- based travel agency that has been selling the airline's tickets to consumers at a 20-percent discount.
TWA dropped Colpitts World Travel from its ticket network for selling discounted TWA tickets obtained through the airline's former owner, Carl C. Icahn.
Colpitts owner Alan Krensky indicated last night the agency would probably stop selling the Icahn tickets to regain its ticketing privileges with TWA.
"We're under discussions now with TWA to resolve the situation," Krensky said. "I'm confident this can be resolved."
Icahn, as part of an unusual debt restructuring deal with St. Louis-based TWA, has been buying the TWA tickets at a 45 percent discount and selling them to...
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