TAL: The First Aviation Conglomerate

Known throughout the industry as the flying airline president, Nelson was the only top executive of a major airline during the late 1940s to hold transport pilot ratings. The number one globetrotter spent much time away from his desk in search of business or visiting Transocean's far-flung outposts, all the while keeping an eye out for profitable enterprises to add to his ever expanding international business empire, or airplanes to add to the fleet.

Soon after taking to the skies in 1946 to fly anything, anywhere, anytime, Nelson began to expand into other areas, usually with great success. But by the mid-fifties and after acquiring several subsidiary businesses, some of the men closest to Nelson began to express concern that perhaps Transocean had over-diversified its resources and that the company was in danger of decline. Nevertheless, from its inception in 1946 until as late as 1959, Transocean basked in the glow of spectacular success in most of its endeavors. The airline and its divisions often received commendations from both` military and civilian groups for its contributions to aviation.

TAL: The First Aviation Conglomerate

Known throughout the industry as the flying airline president, Nelson was the only top executive of a major airline during the late 1940s to hold transport pilot ratings. The number one globetrotter spent much time away from his desk in search of business or visiting Transocean's far-flung outposts, all the while keeping an eye out for profitable enterprises to add to his ever expanding international business empire, or airplanes to add to the fleet.

Soon after taking to the skies in 1946 to fly anything, anywhere, anytime, Nelson began to expand into other areas, usually with great success. But by the mid-fifties and after acquiring several subsidiary businesses, some of the men closest to Nelson began to express concern that perhaps Transocean had over-diversified its resources and that the company was in danger of decline. Nevertheless, from its inception in 1946 until as late as 1959, Transocean basked in the glow of spectacular success in most of its endeavors. The airline and its divisions often received commendations from both` military and civilian groups for its contributions to aviation.