Reality CheckLarry Light and Julie Tilsner
LORENZO-HATERS SAY Washington should squelch Frank Lorenzo's request to start a new cut-rate airline, ATX. Under pressure from unions and their congressional allies, the Transportation Dept. has put his application under highly unusual scrutiny. The anti-Lorenzo crowd says he's not fit to run ATX since the two lines he headed, Continental and Eastern, went bankrupt--and Eastern is now defunct. Plus, Eastern had safety problems that resulted in its paying a $9.5 million federal fine.
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