The pioneers who span commercial aviation from jenny to jet are giving way to a new generation of executives. In the last year, the presidents of three major U.S. airlines have stepped either up or out to make way for new men. United's Pat Patterson moved up to chairman, and so did American's C. R. Smith; Malcolm Maclntyre left Eastern. Last week one of the greatest pioneers of them all relinquished some of the controls—although, like Smith and Patterson, he retained the post of chief executive. Just turned 65, Juan Terry Trippe gave up the presidency of Pan American,...
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