Eastern Air Lines
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Eastern Air Lines
Eastern Air Lines (also colloquially known as Eastern) was a major airline in the United States that operated from 1926 to 1991. Before its dissolution, it was headquartered at Miami International Airport in an unincorporated area of Miami-Dade County, Florida. Eastern was one of the "Legacy carrier#Defunct legacy carriers, Big Four" domestic airlines created by the Air Mail scandal, Spoils Conferences of 1930, and was headed in its early years by World War I flying ace Eddie Rickenbacker. It had a near monopoly in air travel between New York (state), New York and Florida from the 1930s until the 1950s and dominated this market for decades afterward. During airline deregulation in the late 1970s and early 1980s, labor disputes and high debt loads strained the company under the leadership of former astronaut Frank Borman. Frank Lorenzo acquired Eastern in 1985 and moved many of its assets to his other airlines, including Continental Airlines and Texas Air Corporation. After cont ...
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Airbus A300
The Airbus A300 is Airbus' first production aircraft and the world's first Twinjet, twin-engine, double-aisle Wide-body aircraft, (wide-body) airliner. It was developed by ''Airbus Industrie GIE'', now merged into Airbus SE, and manufactured from 1971 to 2007. In September 1967, aircraft manufacturers in France, West Germany and the United Kingdom signed an initial memorandum of understanding to collaborate to develop an innovative large airliner. The French and West Germans reached a firm agreement on 29 May 1969, after the British withdrew from the project on 10 April 1969. A new collaborative aerospace manufacturer, aerospace company, ''Airbus Industrie GIE'', was formally created on 18 December 1970 to develop and produce it. The A300 prototype first flew on 28 October 1972. The first twin-engine widebody airliner, the A300 typically seats 247 passengers in two classes over a Range (aircraft), range of 5,375 to 7,500 km (2,900 to 4,050 nmi; ). Initial variants ...
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Florida
Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic Ocean to the east, the Straits of Florida to the south, and The Bahamas to the southeast. About two-thirds of Florida occupies a peninsula between the Gulf of Mexico and the Atlantic Ocean. It has the List of U.S. states by coastline, longest coastline in the contiguous United States, spanning approximately , not including its many barrier islands. It is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. With a population of over 23 million, it is the List of U.S. states and territories by population, third-most populous state in the United States and ranks List of states and territories of the United States by population density, seventh in population density as of 2020. Florida spans , ranking List of U.S. states ...
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American Airlines
American Airlines, Inc. is a major airlines of the United States, major airline in the United States headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex, and is the Largest airlines in the world, largest airline in the world in terms of passengers carried and daily flights. American, along with its regional subsidiaries and contractors operating under the brand name American Eagle (airline brand), American Eagle, operate an extensive international and domestic network with almost 6,800 flights per day to nearly 350 destinations in 48 countries. The airline is also a founding member of the Oneworld alliance, one of the world's three major airline alliances. American Airlines and American Eagle operate out of ten hubs, with Dallas/Fort Worth International Airport (DFW) being the largest. The airline serves more than 200 million passengers annually, and averages more than 500,000 daily. , the company employs 103,440 staff members. History American Air ...
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Continental Airlines
Continental Airlines (simply known as Continental) was a major airline in the United States that operated from 1934 until it merged with United Airlines in 2012. It had ownership interests and brand partnerships with several carriers. Continental started out as one of the smaller carriers in the United States, known for its limited operations under the regulated era that provided very fine, almost fancy, service against the larger majors in important point-to-point markets, the largest of which was Chicago/Los Angeles. However, deregulation in 1978 changed the competitive landscape and realities, as noted by Smithsonian Airline Historian R. E. G. Davies, "Unfortunately, the policies that had been successful for more than forty years under [Robert] Six's cavalier style of management were suddenly laid bare as the cold winds of airline deregulation changed all the rules—specifically, the balance between revenues and expenditures." In 1981, Texas International Airlines acquired ...
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Airline Deregulation
Airline deregulation is the process of removing government-imposed entry and price restrictions on airlines affecting, in particular, the carriers permitted to serve specific routes. In the United States, the term usually applies to the Airline Deregulation Act of 1978. A new form of regulation has been developed to some extent to deal with problems such as the allocation of the limited number of slots available at airports. Introduction As jets were integrated into the market in the late 1950s and early 1960s, the industry experienced dramatic growth. By the mid-1960s, airlines were carrying roughly 100 million passengers and by the mid-1970s, over 200 million Americans had traveled by air. This steady increase in air travel began placing serious strains on the ability of federal regulators to cope with the increasingly complex nature of air travel.The onset of high inflation, low economic growth, falling productivity, rising labor costs and higher fuel costs proved problematic t ...
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New York (state)
New York, also called New York State, is a U.S. state, state in the northeastern United States. Bordered by New England to the east, Canada to the north, and Pennsylvania and New Jersey to the south, its territory extends into both the Atlantic Ocean and the Great Lakes. New York is the List of U.S. states and territories by population, fourth-most populous state in the United States, with nearly 20 million residents, and the List of U.S. states and territories by area, 27th-largest state by area, with a total area of . New York has Geography of New York (state), a varied geography. The southeastern part of the state, known as Downstate New York, Downstate, encompasses New York City, the List of U.S. cities by population, most populous city in the United States; Long Island, with approximately 40% of the state's population, the nation's most populous island; and the cities, suburbs, and wealthy enclaves of the lower Hudson Valley. These areas are the center of the expansive New ...
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Air Mail Scandal
The Air Mail scandal, also known as the Air Mail fiasco, was a political controversy that erupted in 1934 following a United States Congress, congressional investigation into the awarding of airmail contracts to select airlines. The scandal intensified when the U.S. government revoked these contracts and assigned mail delivery to the U.S. Army Air Corps (USAAC), leading to disastrous consequences. Under President Herbert Hoover, the Air Mail Act of 1930 allowed Walter Folger Brown, then the United States Postmaster General, Postmaster General, to award contracts at the "Spoils Conference", where major airlines divided routes among themselves, excluding smaller carriers. When details of the conference emerged, it became a scandal. A Senate investigation led to a contempt of Congress citation against William P. MacCracken Jr., the Assistant Secretary of Commerce for Aeronautics, but no further action was taken against Hoover Administration officials. In response, newly elected Pre ...
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Legacy Carrier
In the United States, a legacy carrier is an airline that was once economically regulated by the Civil Aeronautics Board (CAB) during the period of airline regulation 1938–1978 or can trace its origin to one that did. The CAB was a now defunct federal agency that tightly controlled almost all US commercial air transport during that period. As related below, many features associated with the legacy airline business model were actually developed not during the regulated era, but instead in the first decade or so of the deregulated era, as legacy carriers adapted to an unfamiliar competitive environment. As of 2024, there are four surviving legacy carriers, with Alaska Airlines and Hawaiian Airlines completing their merger on September 18, 2024: * Alaska Airlines/Hawaiian Airlines * American Airlines * Delta Air Lines * United Airlines Legacy carriers do not include: * Any airline founded after the regulated era. A few prominent examples of such carriers include America West Airl ...
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Unincorporated Area
An unincorporated area is a parcel of land that is not governed by a local general-purpose municipal corporation. (At p. 178.) They may be governed or serviced by an encompassing unit (such as a county) or another branch of the state (such as the military). There are many unincorporated communities and areas in the United States and Canada, but many countries do not use the concept of an unincorporated area. By country Argentina In Argentina, the provinces of Chubut Province, Chubut, Córdoba Province (Argentina), Córdoba, Entre Ríos Province, Entre Ríos, Formosa Province, Formosa, Neuquén Province, Neuquén, Río Negro Province, Río Negro, San Luis Province, San Luis, Santa Cruz Province, Argentina, Santa Cruz, Santiago del Estero Province, Santiago del Estero, Tierra del Fuego Province, Argentina, Tierra del Fuego, and Tucumán Province, Tucumán have areas that are outside any municipality or commune. Australia Unlike many other countries, Australia has only local go ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Frank Lorenzo
Francisco Anthony "Frank" Lorenzo (born May 19, 1940) is an American businessman. He managed Continental Airlines and Texas International Airlines between 1972 and 1990, through airline deregulation. Lorenzo also led the creation and management of the holding company for the group, Texas Air Corporation, through which New York Air was formed in 1980 and Eastern Air Lines was acquired in 1986, as well as Frontier Airlines and People Express Airlines. As an airline manager, Lorenzo earned a reputation for low fares and cost cutting, as well as union busting, as he and other airline managers pursued an affordable business model for the newly deregulated aviation era. Lorenzo was esteemed by airline regulators for his commitment to low fares, while others in the industry referred to Lorenzo as "the embodiment of deregulation". As R. E. G. Davies, the former aerospace historian at the Smithsonian Institution put it, Lorenzo "challenged the entire structure of cost-and-revenue re ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate Job, position (as opposed to being combined with a "Corporate title#Senior management, C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely Definition, defined; the president is usually the legally Legal recognition, recognized highest rank of Corporate title, corporate officer, ranking above the various Vice president#In business, vice presidents (including senior vice president and executive vice president), but on its own generally considered Hierarchy, subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come fr ...
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