C. R. Smith and American Airlines
Anthony J. Mayo,
Nitin Nohria and
Mark Rennella
Chapter Chapter 5 in Entrepreneurs, Managers, and Leaders, 2009, pp 107-128 from Palgrave Macmillan
Abstract:
Abstract As the U.S. government stepped in to formally regulate the airline industry in the late 1930s, a massive consolidation effort ensued that resulted in a streamlining of operations, a standardization of equipment and processes, and a relatively stable playing field. In addition, these efforts by the government to control the airline industry created the conditions that defined the dominant, domestic business model—one that was based on scale, scope, and reach. It was a model that heavily favored large corporations with deep pockets such as American Airlines. During the course of his 30-plus years as the president and chairman of American Airlines (1934–1968), Cyrus Rowlett Smith helped to create one of the largest airline carriers in the world.
Keywords: Airline Industry; Passenger Traffic; Passenger Travel; American Airline; Line Shipping Company (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-10095-4_6
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DOI: 10.1057/9780230100954_6
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