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Francisco A. Lorenzo

Texas Air Corporation

1972 - 1990

Transportation

Military ServiceArmy
1970 b. 1940
male
EducationTwoDegree
UndergraduateColumbia University
GraduateMBA, Harvard University
Personal
Born-Died1940
BirthplaceNew York (NY)
RaceWhite
FatherOwner, Small Business
Era - 1970

Lorenzo took over the fledgling Texas International Airways in 1972 and through major acquisitions including Continental Airlines, he built it into one of the country’s largest airline carriers. Lorenzo was skillful at managing government relationships which enabled him to capitalize on the early deregulation of the airline industry. Lorenzo is known as much for being an early pioneer of deep discount airfares as he is for being an extremely tough, cost conscious labor manager.