Freddie Laker, who introduced low-cost trans-Atlantic flights with Laker Airways in the late-1970's and helped usher in an era of more affordable travel, died Thursday in Hollywood, Fla. Sir Freddie, 83, died after suffering from heart problems, his son, also named Freddie, said.
Moreover, is Freddie Laker still alive?
Also to know, when did Freddie Laker die?
What was the first budget airline?
The world's first low-cost airline was Pacific Southwest Airlines, who began operating interstate flights between northern and southern California in 1949.
Why did Laker Airways go bust?
Laker Airways collapsed on the morning of 5 February 1982, owing £270m. Three years after the failure, rival transatlantic airlines settled a lawsuit that alleged they had colluded to cut fares and force Sir Freddie out of business.