Everybody, especially Americans love a comeback story. Sometimes though the comeback is short sighted and doesn’t pan our how your planned, just look at Lance Armstrong. In the airline business there has been no shortage of re-cooked airlines. The latest attempt was from People Express. That lasted a few short months due to poor planning and an unfortunate accident involving one of their aircraft, which they couldn’t replace causing cancelled flights. They were never able to recover after that. Now Eastern Air Lines is throwing their hat back into the ring and plans to launch charter flights from Miami to Washington DC. The airlines plans to begin offering charter flights between Miami and destinations in the Caribbean and Latin America beginning in spring 2015, with scheduled operations beginning in 2016.
Archive for Entrepreneurship
The DukeGEN Angel Pitch Event
Several months back tripchi participated in a Duke Global Entrepreneurship Network DukeGEN Angel Pitch event in NYC (Chandra graduated class of 2004). The event was hosted at AppNexus in MidTown (28 West 23rd Street 4th Floor), who provided a great space as well as dinner and drinks. If you haven’t heard about AppNexus, the company provides trading solutions and marketplaces for internet advertising.
The trend of reviving failed airlines continues with the re-launch of PEOPLExpress on June 4. Many people of my age (pushing 30) have never heard of the airline PEOPLExpress. They existed as low-cost carrier, with a no frills model from 1981 thru 1987 when they merged with Continental Airlines. They were based out of Newark and had a very retro 80’s paint scheme. They grew rapidly in the early 80’s, offering flights from Newark to Gatwick for only $149 one way which was paid in cash on-board! They were a pioneer low-cost carrier, being the first to charge for a check bag at $3.00 per bag. Can you imagine that type of service today, I would love to go to the airport and try my luck.
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- “Breaking Bad” Logo Courtesy of AMC
With the season finale of “Breaking Bad” coming up, I’ve been doing a bit of thinking around the show premise, and how similar the plot line is to the development of a startup.
The same problems that happen to Walt Enterprises in the show happen to all founders when trying to build a company. Product. Team. Partners. Price. Distribution. Investors. You name it, they’ve faced it.