202:, the country's first frequent flyer club and advance-purchase discount fares. He also initiated the airline's 30-day advance purchase 'ultimate super-saver' fares and the 50 percent cancellation penalties. These were subsequently adopted by most of the other US airlines. Plaskett had been tipped to become president of American Airlines before joining
250:, citing company sources, described his tenure as CEO as "marked by clashes and discomfort with the freewheeling management style that permeates Texas Air. His emphasis on deliberation and his more traditional corporate style...didn't sit well with more established managers". He was succeeded by Lorenzo.
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After leaving Pan
American, Plaskett became managing director of Fox Run Capital Associates, a private merchant banking and consulting firm. He was elected to the board of directors of Greyhound Lines in May 1994. Later that same year, he served as Greyhound's interim president, CEO, and CFO. From
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merged into
Continental's. The overnight combination of the airlines led to poor service that caused a loss of passengers. Additionally, Plaskett had to deal with low morale among the company's expanded and relatively low paid workforce.
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Plaskett was named president, CEO, and chairman of Pan
American Corp in January 1988. Three years later, the company entered bankruptcy court protection. He was replaced as CEO by Russell L. Ray Jr. on October 1, 1991.
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Plaskett became the president and CEO of
Continental Airlines in October 1986. That autumn he was named one of the nation's 10 most-desired managers by
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1995 to 1999 he served as chairman of
Greyhound's board of directors. He also served as a director of several other companies, including
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Plaskett was married to Linda Maxey for 53 years until his death. Together, they had two children, Kimberly and Keith. He resided in
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198:. He spent twelve years there, rising to the position of senior vice president, marketing. He played a major role in creating
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Agin, Teri (January 20, 1988). "Pan Am May Select Thomas G. Plaskett, Ex-Continental
Officer, to Succeed Acker".
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121:(December 24, 1943 – June 24, 2021) was an American business executive. He served as CEO of
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Thomas, Paulette (July 22, 1987). "Continental Air
Dismisses Plaskett; Lorenzo to Step In".
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Maria V. Georgianis (September 23, 1996). "News
Analysis:NeoStar had only one choice".
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709:"Brief – RadioShack announces retirement of Thomas Plaskett from board of directors"
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514:"Tom Plaskett, founder of American Airlines frequent flier program, dies at 77"
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After his dismissal from
Continental, Plaskett ran a consulting business in
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Agin, Teri (January 22, 1988). "Pan Am
Appoints Plaskett to Top Posts".
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387:"Continental Airlines Tuesday said Thomas G. Plaskett, an American…"
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648:"Greyhound Lines Inc. Picks Thomas Plaskett As Its New Chairman".
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685:. PR Newswire Association LLC. November 4, 2002. Archived from
594:"COMPANY NEWS: GREYHOUND LINES NAMES PLASKETT AS NEW CHAIRMAN"
468:"AMR's American Air Names 2 Executives To Succeed Plaskett".
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at the General Motors Institute of Technology (known as
679:"Novell Names Thomas G. Plaskett to Board of Directors"
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328:"Kettering alums named to NCCE Co-Op Hall of Fame"
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419:"Plaskett Quits American for Continental"
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133:. He was instrumental in establishing
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306:Plaskett died on June 24, 2021, in
236:In July 1987 Plaskett was fired by
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753:American airline chief executives
171:Master of Business Administration
566:"PAN AM REPLACES ITS PRESIDENT"
549:"New Pan Am chief optimistic".
768:Harvard Business School alumni
169:in 1966. He went on to earn a
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512:Arnold, Kyle (July 2, 2021).
190:Plaskett began his career at
624:"Just Another Unhappy Flier"
157:in his hometown. He studied
773:Kettering University alumni
763:Continental Airlines people
600:. March 3, 1995. p. D3
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391:United Press International
358:"Thomas Plaskett Obituary"
261:Pan American World Airways
155:Raytown Senior High School
127:Pan American World Airways
194:in 1974, starting out as
165:since 1998), obtaining a
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758:American Airlines people
303:during his later years.
141:Early life and education
97:General Motors Institute
650:The Wall Street Journal
518:The Dallas Morning News
470:The Wall Street Journal
452:The Wall Street Journal
285:Smart & Final, Inc.
247:The Wall Street Journal
175:Harvard Business School
281:RadioShack Corporation
159:industrial engineering
119:Thomas George Plaskett
44:Thomas George Plaskett
553:. September 24, 1991.
242:Texas Air Corporation
153:of 1943. He attended
147:Kansas City, Missouri
145:Plaskett was born in
665:Computer Retail Week
472:. November 12, 1986.
332:Kettering University
277:NeoStar Retail Group
210:Continental Airlines
204:Continental Airlines
196:assistant controller
163:Kettering University
123:Continental Airlines
717:. November 18, 2013
628:The New York Times
598:The New York Times
491:The New York Times
393:. October 28, 1986
360:. Dignity Memorial
106:Harvard University
25:Thomas G. Plaskett
424:Los Angeles Times
226:Frontier Airlines
192:American Airlines
186:American Airlines
167:bachelor's degree
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687:the original
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75:(2021-06-24)
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748:2021 deaths
743:1943 births
683:PR Newswire
301:North Texas
58:Kansas City
737:Categories
314:References
200:AAdvantage
135:AAdvantage
50:1943-12-24
257:, Texas.
93:Education
62:Missouri
721:July 3,
714:Reuters
693:July 3,
633:July 3,
604:July 3,
575:July 5,
564:Staff.
523:July 3,
430:July 3,
397:July 3,
364:July 3,
337:July 4,
217:Fortune
308:Dallas
289:Novell
287:, and
255:Dallas
228:, and
181:Career
129:, and
87:, U.S.
81:Dallas
64:, U.S.
149:, on
85:Texas
723:2021
695:2021
635:2021
606:2021
577:2021
525:2021
432:2021
399:2021
366:2021
339:2021
70:Died
40:Born
173:at
110:MBA
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
