Houston's Aviation History Timeline
The year is 1990. The airline industry still struggles to come to terms with the post-airline deregulation world. Many established airlines, such as Braniff International, as well as post-deregulation startup airlines have failed. Many more have merged.
The future looks grim for one-time aviation giants Eastern and Pan Am. Southwest thrives in the new environment and has been consistently profitable for years.
General aviation has been decimated by products liability lawsuits, but business aircraft manufacturers are designing state of the art jets.
The Houston Aeronautical Heritage Society is formed to save and restore The 1940 Air Terminal.