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Photo provided by Aero Icarus from Zürich, Switzerland [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

TBT (Throwback Thursday) in Aviation History: A Look Back at New York Air

New York, New York has always been a business center in the United States. This, combined with the need for businessmen to travel to nearby large cities quickly, has created shuttle service along the East Coast. These services are often frequent and provide businessmen the best option to do business. For many years, Eastern Air Shuttle dominated this market. Their near monopoly allowed them to set expensive prices with the little competition. Then, in 1980, aviation mogul Frank Lorenzo decided…