The State - News from Sept. 1, 1986

World Airways is making plans to end all scheduled flights by Sept. 15, the Oakland Tribune reported. The airline, which started scheduled service out of Oakland Airport on April 11, 1979, will disclose its decision in a letter to employees, the newspaper said. Top officials at World Airways, founded by the late Edward J. Daly, were unavailable for comment. Canceling flights of the airline’s 12 passenger planes would result in layoffs for about half of World’s 1,600 employees, the newspaper said. Reports of World’s decline arose during persistent rumors that it is on the verge of selling at least part of its operation to United Airlines, the newspaper said. The talks have stalled over how many World employees United will hire. World has lost money for four years. The closure would be the second recent airline shutdown. Denver-based Frontier Airlines was put into bankruptcy Thursday by its owners, People Express, which is also in financial trouble.