Solve the Unknown: Mysterious Airline Acquired by Carl Icahn?

The answer to the crossword question “Airline once acquired by Carl Icahn is TWA” is TWA. Trans World Airlines (TWA) was an American airline that operated from 1930 to 2001. It was once acquired by Carl Icahn, a notable American businessman and investor, during a period of financial difficulties for the airline in the 1980s. Icahn’s acquisition of TWA resulted in significant changes to the company’s management and operations, as he implemented a controversial cost-cutting strategy that included massive layoffs and asset sales. Ultimately, TWA faced further financial difficulties and filed for bankruptcy in 1992. The airline was eventually sold to American Airlines in 2001, officially bringing an end to the TWA brand.