astern seaboard of the country.
Six major airlines dominated the major trunk lines segment of the passenger carrying component in late 1982. Of these six major airlines, two of the companies were in poor financial health Pan American and Eastern. Eastern Airlines was one of the major competitors for People Express in the market from Boston to Washington, and from New York to Cleveland. Certainly, with Eastern reeling, it was no time for People Express to call off its assault on the market. Pan American was a major trunk carrier, and operated in the one trunk corridor in which People Express was operating New York to Los Angeles. Again, with Pan American on the ropes, it was no time for People Express to shrink from the attack.
A combination of factors the worst economic recession since the Second World War, the air traffic controllers' strike, and deregulation of the airlines industry contributed to the development of the worst depression in the passenger carrying component of the airlines in history during t
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