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People Express Airlines, stylized as PEOPLExpress, was a low-cost airline in the United States that operated from 1981 until it merged with Continental Airlines in 1987. Its headquarters was in the North Terminal (later Terminal C) of Newark Liberty International Airport (EWR) in Newark, New Jersey .
1982 - Acquired Texas International Airlines; 1987 - Acquired People Express, Frontier, and New York Air; 1987 - Acquired PBA and Britt Airways from People Express merger / created Continental Express; 2010 - Merged into United Airlines, under the United name and the Continental brand; Delta Air Lines. 1924 - Started as Huff Daland Dusters
As of October 1, 2010, at the time of the merger, the Continental Airlines fleet consisted of the following aircraft with an average age of 9.5 years: [147] [148] [149] Continental Airlines fleet in 2010
In December 1986, Texas Air also finalized a deal to acquire People Express Airlines, a low-cost airline that had been formed by eight executives who had left Texas Air in 1980. [ 96 ] [ 97 ] The deal included the assets of the bankrupt Frontier Airlines , which People Express had purchased in 1985.
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In 1987, Texas Air consolidated its airline holdings by merging Frontier, New York Air and People Express into Continental, in turn making the latter the third-largest airline in the US, [7] and leaving Texas Air with two mainline carriers: Continental and Eastern, as well a number of commuter airlines.
American Airlines, Delta Air Lines, United Airlines and Southwest Airlines control about 80% of the domestic air-travel market, and all of them grew significantly through mergers between 2008 and ...
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