Word: hennefeld
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Dates: during 1980-1989
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...People's routes with Frontier's should make for a good mix. People flies mostly to East Coast cities, while Frontier's routes are concentrated in the West. In addition, Frontier's 21 landing gates at Denver's bustling Stapleton Airport are a valuable prize for People. Says Ruth Hennefeld, an investment manager at Merrill Lynch: "The deal is a bargain for People. The company bought into the Denver market for far less than it would have cost it to start from scratch." People's once lofty goal of becoming a national airline now seems remarkably down to earth...