BR715-A1-30
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Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:16 am

Hi everybody, Can you tell me what I am up to today? Am I dead yet, or am I just hiding. Somebody please tell me where I am currently, and what I am doing.

signed,
Frankie "dont know how to run an airline" Lorenzo


Seriously folks, what is this @$$hole up to these days?
Puhdiddle
 
BR715-A1-30
Topic Author
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:17 am

Well, After I single-handedly destroyed 4 or more airlines (with a little help from a few insiders)...

Finish the sentence.
Puhdiddle
 
User avatar
clickhappy
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:22 am

he's prob. sunning himself on some private island in the South Pacific earning 20% on the money he made on CO and Eastern.
 
StevenUhl777
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:24 am

...I now live in a recently vacated cave in Afghanistan. I heard that a new airline is about to restart in Kabul, and I thought I might offer my help in running it and turning it into a clusterf--k organization like EA and CO was, but when I put in my application, the Afghans got really pissed off all of a sudden when they discovered my name, and ran me out of town. Guess news travels fast. So, I found this cave to hide out in, and have been crashing here for a while. There must be a lot of people pissed off at me, because I hear fighters flying overhead looking for my ass, and now even the Pakistanis are roaming around looking for me.

Life really sucks for me now...I wish I hadn't f---ked over all those employees back home now. Oh well, live and learn.
And the winner for best actress is....REESE WITHERSPOON for 'Walk the Line'!!!!!!!!
 
BR715-A1-30
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:27 am

Stevenuhl777, CLASSIC!!!!! LOL!!!  Big thumbs up

Now, really, what is this @$$hole up to? If he is living anywhere near here, I am getting the urge to fly Continental to wherever he lives, and give him a good ass kicking. If it weren't for him, EA probably would have stayed in business (At least until 9/11)
Puhdiddle
 
727LOVER
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:32 am

Don't forget that f**khead Charlie Bryan also. If it hadn't been for him, Lorenzo wouldn't have even been in the picture. That was happening 15 years ago, this month. Bad memories.  Sad


I think he's on a beach w/ Icahn.  Big thumbs up

Can someone tell the sory of Lorenzo and Bob Six?
I feel woozy....what did you put in that Pudding Pop?
 
aeroman62
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:37 am

I believe Frank is banned from ever owning a part of whole of any commercial aviation interest in the United States, however what exactly he's doing now is anyone's guess.
 
727LOVER
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:40 am

Is he still on Continental's board of directors?  Confused
I feel woozy....what did you put in that Pudding Pop?
 
ElkGrove
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:47 am

Frank currently resides in Houston. Though he has kept a low profile these last several years, he has kept some links to the aviation industry. As of late last year he was the Chairman of Savoy Capital Advisors, an investment banking firm out of New York. Savoy specializes in providing financial assistance to mid sized companies.

[Edited 2004-03-15 03:47:59]
 
B747-437B
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:57 am

Frank currently resides in Houston.

I thought he had a place up in the Baltimore area?
"The A340-300 may boast a long range, but the A340 is underpowered" -- Robert Milton, CEO - Air Canada
 
717-200
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:59 am

Just out of curiosity how can an individual be banned from ever owning a
part or whole of any commercial aviation interest in the US? Not that I
would ever want to see someone like him get back into this business!
72S 733 734 735 73G 738 742 752 763 E190 M82 M83
 
ElkGrove
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 12:02 pm

B747-437B

Frank has more than one home. His current legal residence is outside Houston. I think he lists that as his permanant residence for tax purposes. Where he spends most of his time, i'm not quite sure.

-ElkGrove
 
srbmod
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 1:06 pm

There never was an official "ban" on Frank Lorenzo, he basically got blackballed after the whole Eastern debacle. He was up in the DC area a few years after Eastern folded, trying to start Friendship Airlines out of IAD, but could never get DOT approval to start operations.
 
klwright69
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 1:15 pm

Frankie is not on CO's board of directors! OHMIGOD. If that were the case we'd all know it!

I actually met the man once.

Lorenzo and his family has lifetime pass benefits on CO.
 
MCIB757
Posts: 276
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 1:35 pm

So im a little young to know what happen, but it sounds terrible, can someone please just quickly summarize what he did?

Thanks

Tom
"God bless catastrophe..."
 
Thrust
Posts: 2584
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 1:40 pm

Hi everybody, I'm looking for another airline to wipe out. Looks like American doesn't need me, and United and Delta don't need my help either. JetBlue looks interesting. I love it when the stock price has the glide angle of a brick. Does anyone have Southwest's address...I want to send them a resume.

Love and kisses,
Frankie the Destoyer Big grin
Fly one thing; Fly it well
 
DLKAPA
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 4:05 pm

...Yes, I seem to have found myself finally. It seems that some time ago I was pulled from a hole in the desert somewhere in Northern Iraq. There were so many cameras around and all of them were taking my picture. Then they gave me this medical exam in which I was shaven, then more pictures taken of me as my mouth was checked for suicide pills. Now I reside in a cage in Iraq.

Signed

Frank Lorenzo?

DLKAPA
And all at once the crowd begins to sing: Sometimes the hardest thing and the right thing are the same
 
AirframeAS
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 4:11 pm

I believe Frank is banned from ever owning a part of whole of any commercial aviation interest in the United States.

I heard the same thing from many many many different people.
A Safe Flight Begins With Quality Maintenance On The Ground.
 
BR715-A1-30
Topic Author
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 9:20 pm

If they were to ever make a movie, and they needed someone to play Saddam, I'm sure they would proposition him and Carl Icahn as OBL.
Puhdiddle
 
kaitak
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 9:25 pm

If I were feeling mean, I'd say he was Passenger Services & Human Resources consultant for Ryanair.

Luckily, I'm not and besides which, FR doesn't need much help in that regard.
 
NIKV69
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RE: Frank Lorenzo, What Is He Up To?

Mon Mar 15, 2004 11:52 pm

727LOVER is right, my father worked for Eastern. When the fuel prices started to skyrocket Borman knew there was no way EA could survive unless there were concessions by everyone. Pilots, FAs and machinists. Charlie Bryan was a mechanic who rose to Union President for the machinists. He was very arrogant and aloof and would in no way give in to anything. Which was a bad stance. Though I am not a fan of cutting salaries the employees had to do something or they would all be out of work. Bryan basically took a very standoff-ish position and Borman himself was irked at the fact he was being talked to the way he was by an ex-mechanic so he told Bryan either agree to the wage cuts or he would sell to Lorenzo, which we all know he did. The reason Lorenzo is viewed as the villain in the destruction of EA is his cuts were horrible. My dad was making $21 an hour, which in the early 80's was quite good. Some of the senior pilots were making upwards of $100,000 a year, Lorenzo's proposal to my dad and his co-workers was a wage cut to $10 an hour and then even less, he sat the pilots down and told them they would be cut to $30,000 a year. Not to mention cuts in break time and others. This was Lorenzo's MO. This is why you had the strike and then ultimately the airline going under since Byran was very anti-management and also the FAs and pilots honored the picket lines. Lorenzo should have played ball. He didn't and the rest is history.
Hey that guy with the private jet can bail us out! Why? HE CAN AFFORD IT!
 
mojo89
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 12:42 am

MCIB757-
It would be difficult to summarize Frank Lorenzo's dealings in a brief paragraph. I'd suggest checking out "Hard Landing" by Thomas Petzinger. It's a pretty good read and will give you a thorough understanding with regard to Lorenzo, Charlie Bryan and all the other key players and events that many people in this forum are unfortunately all too well aware of.
When the going gets weird, the weird turn pro. -Dr. Hunter S. Thompson
 
contrails
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 1:45 am

There should be a website for people like Frank Lorenzo and Carl Icahn where people can find out where they are and what they are up to; not unlike sites for sex offenders.

Who else should be added?

Flying Colors Forever!
 
AerMickey
Posts: 85
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 2:39 am

Don't forget James Goodwin on that list.

Mick
 
Lindy
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 2:56 am

I believe that also in "Hard Landing" book they said that Frank lives in Houston suburbs and in mid 90's he was arrested for DUI. After that incident he dissapeared from the public.

Rafal  Smile
BWIADCA - Nikon D100
 
NIKV69
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 5:05 am

For the sake of the entire airline industry let us hope nobody like Frank Lorenzo ever gets in a position of power of an airline.
Hey that guy with the private jet can bail us out! Why? HE CAN AFFORD IT!
 
Thrust
Posts: 2584
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 6:30 am

Most airlines who have had the misfortune of having Lorenzo take them over have either died from it or barely lived to see another day...CO made the most of their second chance...
Fly one thing; Fly it well
 
SlamClick
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 8:45 am

A few years ago someone sent me an email with what purported to be a court ruling by a Baltimore judge. The gist of it was that Frank Lorenzo had been found not fit to hold an air carrier certificate. The reasons given were absolutely eloquent. I wish someone could find that and post it here. It stated that his attitude toward the airline industry was inconsistent with the interests of the public safety. That is the sort of statement that is exempted from libel or slander liability.

I also heard that he was recently a principal in a large coffee company. Would sure like to know which one.
Happiness is not seeing another trite Ste. Maarten photo all week long.
 
MaverickM11
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 8:52 am

If you're comparing Lorenzo to Saddam, then Dubinsky is Milosevic. C'mon Lorenzo didn't kill anyone. The comparison is absolutely insane. Both Lorenzo and Dubinsky (and others) are all part of a group that were very stubborn, to the point that they cut off their nose to spite their face.
E pur si muove -Galileo
 
Ealsys1
Posts: 211
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 9:15 am

Don't forget that f**khead Charlie Bryan also. If it hadn't been for him, Lorenzo wouldn't have even been in the picture. That was happening 15 years ago, this month. Bad memories.


AABSOLUTELY CORRECT. EAL was in such bad shape by the time FL bought in that there was really nothing viable left. Except System One which he saved. Why?? Because it made money!!!!

AABSOLUTELY TYPO, but guess what, once AA came to MIA EAL was toast.

BTW Baggage handlers making $70k? In the 80's?
 
NIKV69
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RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 9:37 am

Charlie Bryan was partly to blame but he did fight for the rights of the employees. I mean Eastern was going great, but at the same time they were serving meals and doing a lot of other things that cost money. Once the fuel prices went nuts Charlie Bryan didn't want to cut salaries at all. Which I think he should of considered, the thing with Lorenzo is he was a cold bastard and didn't care about people. He hated unions and wanted his work force to be slaves and work for nothing and that was wrong.

EALSYS1,

My dad was a mechanic, they were making 20-24 dollars an hour, guys on the ground were making $18 an hour, you have to remember that Eastern did things different, they just didn't handle bags, they drove heavy equipment, got the planes ready for take off, put APUs and pumped air in the engines(Jet starters), de-iced the planes etc.
Hey that guy with the private jet can bail us out! Why? HE CAN AFFORD IT!
 
Ealsys1
Posts: 211
Joined: Tue Jan 02, 2001 10:55 am

RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 9:58 am

NIKV69,

As kids we viewed this issue from opposite sides of the aisle (so to speak). My dad was a System One employee, hence my handle here. I respect the tone of your argument! We both obviously have a lot of passion for this topic and I appreciate the respect.

Sam
 
mopac
Posts: 196
Joined: Fri Sep 19, 2003 12:05 am

RE: Frank Lorenzo, What Is He Up To?

Tue Mar 16, 2004 9:59 am

He lives in River Oaks which is in Houston, TX but has homes in Nantucket and Vail (or around Vail somewhere).



Edited: Grew weary of posting his home address online even though it's public record.

[Edited 2004-03-16 02:26:04]
 
NIKV69
Posts: 10889
Joined: Wed Jan 28, 2004 4:27 am

RE: Frank Lorenzo, What Is He Up To?

Wed Mar 17, 2004 12:33 am

Sam,

No need to thank me, it was a tough time, we were lucky in that mother was an executive for TSS and my dad was lucky to get out of the airline industry and got on with the state. Bryan's attitude was terrible and Borman wanted to do the right thing for the airline but Lorenzo was a heartless man who would rather destroy the airline and the union and start over with employees working for $7 an hour. Not good.

Hey that guy with the private jet can bail us out! Why? HE CAN AFFORD IT!

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