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

My Favorite Murder with Karen Kilgariff and Georgia Hardstark

My Favorite Murder with Karen Kilgariff and Georgia Hardstark

My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.

24/7 News: The Latest

24/7 News: The Latest

The latest news in 4 minutes updated every hour, every day.

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.