Texas Air Corporation

E532889

Texas Air Corporation was a major U.S. airline holding company in the 1980s, known for its aggressive expansion and cost-cutting strategies in the deregulated airline industry.

All labels observed (1)

Label Occurrences
Texas Air Corporation canonical 4

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf airline holding company ⓘ
public company ⓘ
acquired Continental Airlines ⓘ
Eastern Air Lines ⓘ
Frontier Airlines ⓘ
New York Air ⓘ
People Express Airlines ⓘ
businessModel airline holding company ⓘ
category defunct airline holding companies of the United States ⓘ
defunct companies based in Texas ⓘ
controversy safety and maintenance concerns ⓘ
service quality declines ⓘ
use of bankruptcy to renegotiate labor contracts ⓘ
country United States ⓘ
countryOfHeadquarters United States ⓘ
era Reagan-era deregulation ⓘ
fate dissolution as a holding structure in early 1990s ⓘ
foundedBy Frank Lorenzo ⓘ
headquartersLocation Houston, Texas ⓘ
implemented aggressive fare discounting ⓘ
hub-and-spoke route systems ⓘ
outsourcing of services ⓘ
two-tier wage scales ⓘ
industry airline industry ⓘ
aviation ⓘ
influenced consolidation of U.S. airlines in the 1980s ⓘ
labor relations practices in the airline industry ⓘ
keyPerson Frank Lorenzo ⓘ
knownFor hostile relations with unions ⓘ
labor disputes ⓘ
leveraged acquisitions of airlines ⓘ
listedOn New York Stock Exchange ⓘ
notableEvent bankruptcy of Eastern Air Lines ⓘ
restructuring of Continental Airlines in bankruptcy ⓘ
operatedInMarket deregulated U.S. airline market ⓘ
parentCompanyOf Continental Airlines ⓘ
Eastern Air Lines ⓘ
Frontier Airlines ⓘ
New York Air ⓘ
People Express Airlines ⓘ
peakStatus one of the largest U.S. airline groups of the 1980s ⓘ
regulatoryContext post-1978 U.S. airline deregulation ⓘ
roleOfFrankLorenzo chairman ⓘ
chief executive officer ⓘ
stateOfHeadquarters Texas ⓘ
strategy aggressive expansion ⓘ
cost-cutting ⓘ
successor Continental Airlines, Inc. (as primary surviving operating carrier) ⓘ
timePeriod 1980s ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Eastern Air Lines → parentCompany → Texas Air Corporation ⓘ
Eastern Air Lines → acquiredBy → Texas Air Corporation ⓘ
Frank Lorenzo → hasEmployerHistory → Texas Air Corporation ⓘ
Frank Lorenzo → founded → Texas Air Corporation ⓘ