Texas International
Airways McDonnell Douglas DC-9-32 N521TX
(c/n 47521)
It is only
appropriate that the last shot I show of a TIA aircraft is this Bob
Garrard image of a DC-9
landing
into the sunset at Baltimore/Washington International in November of
1982. The line had
put the
slightly larger series 30s into operation at the end of the 1970
decade. In 1982 the holding
company of the
airline, Texas Air Corporation, took over debt-laden Continental
Airlines in what,
in essence,
was another "tail wagging the dog" business coup. Texas Air
Corporation had been
founded
by corporate raider Frank A. Lorenzo as a subsidiary of his Jet Capital
Corporation.
Unless you have an MBA from the
Harvard Business School (which Lorenzo did) it is extremely
difficult to unravel the financial shenanigans which were pulled.
The net result, however, was that
Texas
International Airlines was dismantled and absorbed into the larger
Continental Airlines, retain-
ing the
more widely known name of the latter airline. Most of the
TIA fleet wound up in Continental
uniforms, N521TX being one of them. (See the entry for the Continental
Airlines DC-9-32).
Although the official take-over date was October of 1982, clearly this
one had not been re-liveried
at that
the time Bob took this nice photograph..