All Episodes

November 1, 2024 57 mins

Todd Ault interviews Frank Lorenzo, the former CEO of Continental Airlines, Eastern Airlines, and Texas Air, and the author of Flying for Peanuts: Tough Deals, Steep Bargains, and Revolution in the Skies. This compelling business memoir provides an in-depth look at the airline deregulation years, detailing the high-stakes negotiations that contributed to Lorenzo's success. The book includes encounters with Carl Icahn and features a chapter dedicated to the sale of the Eastern Airlines Shuttle to Donald Trump, which eventually became the troubled Trump Shuttle. Don't miss this exciting interview with Frank Lorenzo, where he discusses the origins of the peanut fares experiment and the real reason behind the similarity between the artwork on the wings of United and Continental Airlines. 

 

"Frank Lorenzo revolutionized an entire business category to something fairly biblical." - Todd Ault 

 

"When I was working at TWA, I remember some of the guys telling me stories about Howard Hughes commandeering some of the new airplanes, taking one of [the airplanes] to the Bahamas and using it as a hotel, experimenting with it to see what the airplane was like." - Frank Lorenzo

Mark as Played

Advertise With Us

Popular Podcasts

Bookmarked by Reese's Book Club

Bookmarked by Reese's Book Club

Welcome to Bookmarked by Reese’s Book Club — the podcast where great stories, bold women, and irresistible conversations collide! Hosted by award-winning journalist Danielle Robay, each week new episodes balance thoughtful literary insight with the fervor of buzzy book trends, pop culture and more. Bookmarked brings together celebrities, tastemakers, influencers and authors from Reese's Book Club and beyond to share stories that transcend the page. Pull up a chair. You’re not just listening — you’re part of the conversation.

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.