AIRLINES

Bondholders Committee Supports TWA Restructuring Plan: Trans World Airlines Inc. and a crucial group of bondholders have reached an agreement that could help the struggling carrier avoid Bankruptcy Court, TWA officials said. The airline said a committee representing the airline’s 10% note holders has agreed to back the airline’s restructuring plan. The 10% bondholders are considered vital to the plan, which must also be approved by 8% bondholders and by former Chairman Carl C. Icahn. The new agreement calls for the exchange of 10% notes for new TWA securities, the airline said. In return, the committee is expected to drop efforts to get other 10% note holders to oppose TWA’s plan, the airline said. TWA President Jeffrey H. Erickson said the committee makes up about 37% of the outstanding 10% notes.