Grounded: Frank Lorenzo and the Destruction of Eastern Airlines
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Book Overview
In 1986, the president of Eastern Airlines and former astronaut, Frank Borman, set his airline on a collision course with Frank Lorenzo. Business Week's Aaron Bernstein gives an account of this story, which has wider implications for the future of American business.
Format:Hardcover
Language:English
ISBN:067169538X
ISBN13:9780671695385
Release Date:January 1990
Publisher:Simon & Schuster
Length:256 Pages
Weight:1.19 lbs.
Dimensions:1.0" x 6.4" x 9.6"
Related Subjects
Aviation Banks & Banking Business Business & Finance Business & Investing Commercial Contemporary Engineering Entrepreneurship Fiction Industries & Professions Literature & Fiction Popular Economics Professionals & Academics Small Business & Entrepreneurship Textbooks TransportationCustomer Reviews
3 ratings
Excellent
Published by Thriftbooks.com User , 23 years ago
Excellent book, well researched and very well written. Accurately portrays the events that lead to Eastern's demise. I am no fan of unions. But, Lorenzo displayed a blatant calloused disregard for Eastern, it's people, and everything connected with it.
Bewildering and Suspenseful
Published by Thriftbooks.com User , 25 years ago
I read the original publication in the early 90's. This book reads well and keeps you on the edge of your seat. The story is bewildering and illustrates a classic "old world" perspective of labor/management relations clashing with the modern realities of a deregulated airline market that would no longer tolerate labor friction.
Brian Wayne Wells, Esquire, reviews "Grounded"
Published by Thriftbooks.com User , 27 years ago
This is a short book but a good telling of the tale of the downfall of Eastern Airlines under the managment of Frank Lorenzo. It is also a story that relates a great deal about the corporate attitudes of the late 1980s and the potential consequences of that attitude. The only shortcoming of the book is that the story line leaves off with the ejecetion of Frank Lorenzo as the debor in possession of the bankrupt airline and the appointment of a bankrupcy trustee in April of 1990. The airline did continue operation until sometime later in 1990 when the company was finally liquidated. The story stopped too soon.
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