Alfred Kahn, a true historical figure, died Monday, Dec. 27, 2010, in Ithaca, New York, at the grand old age of 93. Kahn was an economist with a lot of foresight. He is regarded as the economist who was most responsible in shaping the airline industry. His efforts resulted in making jet plane travel affordable to everyone. Kahn is also held responsible, by some, for pushing the airline industry into a bankruptcy tightrope act.
He spent the majority of his academic tenure at Cornell University, though he wouldn’t become a national figure until President Jimmy Carter tapped Kahn to head the Federal Civil Aeronautics Board. READ MORE…
