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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