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American Bank Note Company Archives
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Lot 368 People Express Airlines, Inc. Stock Specimens (7),
DE. 1983-86. Specimen stocks. Vignette of company logo. 1) Odd shares common, blue. 1983. 2) Odd shares Series A Convertible Preferred, orange. 1984. 3) Odd shares Class B preferred, blue. 1985. 4) Odd shares Class B common, orange. 1985. 5) Odd shares Series B Preferred, brown. 1985. 6) Odd shares Common Stock, Green. 1986. 7) Series A, Preferred, blue. People Express Airlines or "PEOPLExpress", was a U.S. no-frills airline that operated from 1981 to 1987. The company was founded by Don Burr, Gerry Gitner and several others, who resigned from Frank Lorenzo's Texas International in order to start the company. In 1985, People Express bought out Denver-based Frontier Airlines. The combined company became the United States fifth largest airline, with flights to most major U.S. cities, as well as an additional transatlantic route to Brussels. People Express also purchased Britt Airways and Provincetown-Boston Airlines (PBA) during this period, both small carriers with routes in the midwest, northeast and Flordia. People Express was forced to sell itself entirely to Texas Air Corp. and ceased to exist as a carrier on February 1, 1987. SCBNC. XF.
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