Originally Posted by
dieuwer2
Just saw a very nice biopic on Bloomberg TV about David Neeleman. Seems he is a likeable person. I didn't know he founded Morris Air and briefly worked for Southwest, as well as Westjet.
Pretty amazing he started three airlines that all became very successful. Almost like an impossible feat considering the economics of aviation.
Never met but saw him speak at Stanford University and perhaps in other interviews and saw multiple articles about him, and yes, have flown his airline and have even seen the Corporate HQ building. He was born in Latin America.
The business model has done quite well and I still remember when it was a new airline just off the ground. Since then it has expanded, gotten additional slots at airports and is even moving their corporate HQ over.
It was the first non legacy carrier to win accolades in its business model and to reduce costs of travel flying to the NYC market. Also had a lot of Salt Lake City, Utah roots.
After the American Airlines bankruptcy is finalized, and after Republic Airlines spins off Frontier, all the airlines should be at profitability for the most part.
So in essense, deregulation of the airline industry has officially worked out and should be at full blast with the best yet to come in the coming years.