What is the American Airlines Airpass? How AA once offered a lifetime of flights for $250,000

"We thought originally it would be something that firms would buy for top employees...it soon became apparent the public was smarter than we were." Bob Crandall, American Airlines CEO & Chairman 1985-1998 The early 1980's were a time of difficulty for American Airlines. The Airline Deregulation Act of 1978, a law that was arguably quite … Continue reading What is the American Airlines Airpass? How AA once offered a lifetime of flights for $250,000