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TRANS WORLD AIRLINES,INC.
605 THIRD AVENUE•NEW YORK, NEW YORK•U.S.A. 10016

Office of the
PRESIDENT

October 18, 1967

Mr. Robert L. Cummings
President
New York Airways, Inc.
P. O. Box 426
LaGuardia Airport Station
Flushing, New York 11371

Dear Bob:

Our Board of Directors has approved without change the Proposal for Financial Support attached in draft form to Mr. Rourke's letter of October 12. The Proposal should now be viewed as a formal offer of TWA.

I have two comments. First, it is essential that any program for meeting NYA's financial needs involving TWA support after December 31 be agreed upon before such date. Second, in view of the time remaining until the end of the year, I urge that NYA fully respond in principle to TWA's Proposal before November 1st.

Very truly yours,
Charlie
Charles C. Tillinghast, Jr.

cc: J. C. Pirie
S. C. Park