Early Years
Trippe was born in Sea Bright, New Jersey, on June 27, 1899, the great-great-grandson of Lieutenant John Trippe, captain of the USS Vixen. Because of his Spanish first name, people often assume that Trippe was of Cuban descent, but his family was actually Northern European in ancestry and settled in Maryland in 1664. He was, in fact, named after Juanita Terry, the Venezuelan wife of his great uncle. Trippe graduated from The Hill School in 1917. Attending Yale University as America entered World War I, he temporarily left Yale and, along with some of his Yale classmates, applied for flight training with the U.S. Navy. After completing training in June 1918, he was designated as a Naval Aviator and was commissioned as an Ensign in the U.S. Naval Reserve. However, the end of World War I precluded him from flying in combat. Demobilized from active duty, he returned to Yale University, graduating in 1921. While at Yale, he was a member of St. Anthony Hall and of the Skull and Bones society. Trippe was treasurer at the first-ever meet of the National Intercollegiate Flying Association in 1920.
After graduation from Yale, Trippe began working on Wall Street, but soon became bored. In 1922 he raised money from his old Yale classmates, selling them stock in his new airline, which he called Long Island Airways, an air-taxi service for the rich and powerful. Once again tapping his wealthy friends from Yale, Trippe invested in an airline named Colonial Air Transport, which was awarded a new route and an airmail contract on October 7, 1925. Interested in operating to the Caribbean, Trippe created the Aviation Corporation of the Americas. Based in Florida, the company would evolve into the unofficial US flag carrier, Pan American Airways, commonly known as Pan Am.
Read more about this topic: Juan Trippe
Famous quotes containing the words early and/or years:
“The conviction that the best way to prepare children for a harsh, rapidly changing world is to introduce formal instruction at an early age is wrong. There is simply no evidence to support it, and considerable evidence against it. Starting children early academically has not worked in the past and is not working now.”
—David Elkind (20th century)
“In a famous Middletown study of Muncie, Indiana, in 1924, mothers were asked to rank the qualities they most desire in their children. At the top of the list were conformity and strict obedience. More than fifty years later, when the Middletown survey was replicated, mothers placed autonomy and independence first. The healthiest parenting probably promotes a balance of these qualities in children.”
—Richard Louv (20th century)