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brooklynite

(96,882 posts)

5. In their later years, they did a lot of expansion....

Reply to The Velveteen Ocelot (Reply #2)

Thu Jun 6, 2013, 12:16 PM

Jun 2013

...becoming a transcontinental airline with plans to expand to Europe and Asia. They got caught by the reduction in airfares brought about by deregulation and couldn't pay the bills on their aircraft purchases.

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PeoplExpress signs deal to get off the ground [View all] brooklynite Jun 2013 OP

Didn't they fold up the last time due to some plane crashes? itsrobert Jun 2013 #1

No, they never had an accident. They just took on too much debt The Velveteen Ocelot Jun 2013 #2

In their later years, they did a lot of expansion.... brooklynite Jun 2013 #5

Nope, it was bought up by Continental in 1987 Capt.Rocky300 Jun 2013 #3

I hope Frank Lorenzo isn't on board. DemoTex Jun 2013 #4

I also seem to remember that Daddy Bush..... Capt.Rocky300 Jun 2013 #6

I guess they're saving money by dropping Es. nt valerief Jun 2013 #7

I remember flying on People's back in the early 80s. Sheldon Cooper Jun 2013 #8

Correct; they were one of the originators of the hub-and-spoke system brooklynite Jun 2013 #9

Yup, my husband got stuck in Newark once ... frazzled Jun 2013 #10

Yeah..... sdfernando Jun 2013 #11