Frank Lorenzo

Frank Lorenzo was a prominent airline executive known for his aggressive management style and focus on cost-cutting. He led major airlines like Texas International and later served as CEO of Continental Airlines and Eastern Airlines. Lorenzo is best known for restructuring airlines to improve profitability, often through employee layoffs and reducing services, which sometimes led to labor disputes and strikes. His strategies significantly shaped the airline industry in the 1980s and early 1990s, influencing how airlines operated by emphasizing efficiency over traditional labor standards.