It sold its routes and associated vehicles to Stagecoach Western in October 2004.

Mr. Hollis and his managers tried to raise cash by seeking to sell Continental's international routes and other assets.

Eastern Airlines sold its shuttle and sold its Latin American routes, but still has heavy losses.

Pan Am has agreed to sell United its European routes, including five between American cities and Heathrow, plus some other assets, for $290 million.

Eastern is also negotiating to sell its Latin American routes and a few other assets to American Airlines.

As the financial outlook for Eastern Air Lines became more pessimistic in the late 1980s, the carrier began to sell its routes and aircraft.

They can now sell their routes to Heathrow.

The agreement also clears the way for T.W.A. to sell its routes to American for $440 million.

Acker kept the airline alive only by selling its transpacific routes to United Airlines for $750 million.

During labor negotiations last year, Pan Am threatened to sell its Latin American routes.