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Eastern Airlines / Sales #567892

NBC Evening News for Wednesday, Apr 12, 1989
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(Studio: Tom Brokaw) Report introduced.

(NYC: Robert Hager) Peter Ueberroth reported withdrawing his offer to purchase Eastern Airlines from Texas Air chairperson Frank Lorenzo and Eastern president Phil Bakes; details given, scenes shown. [UEBERROTH - comments on deal's collapse.] [BAKES - comments.] Deal noted collapsing when Lorenzo refused to allow a court-appointed trustee to serve during interim. Unions noted wanting former Defense Secretary Frank Carlucci to serve as trustee. Trans World Airlines, Inc. (TWA) chairperson Carl Icahn noted possibly submitting bid to buy Eastern.

(Studio: Tom Brokaw) Columnist William Buckley's chartered Concorde jet reported losing part of its tail section near Sydney, Australia; details given, scenes shown.

Reporter(s):
Brokaw, Tom;
Hager, Robert
Duration:
00:02:40

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