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One evening they were having drinks at the St. Anthony?¦s Club in San Antonio, when King, who already owned a small charter airline, sketched out a plan on a cocktail napkin. At the time air travel was affordable primarily to high-powered businessman and the wealthy. King and his banker, John Parker, wanted to start a low-cost commuter airline so that the average traveller could fly between Dallas, Houston and San Antonio. At first sceptical Kelleher soon became enthusiastic and scraped together enough money to buy a 1.8% stake in the proposed company. He also signed on as legal counsel and a director...
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Common topics in this essay:
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