After ending his military service Yount founded and served as President of the American Institute for Foreign Trade, a Glendale, Arizona school he created at the site of the former Thunderbird Field military base, which he purchased after it was closed following World War II.
Thunderbird Field began in 1939 as a collaborative project by Hollywood agent and producer Leland Hayward, former Air Service pilot John H. "Jack" Connelly, and Life magazine photographer John Swope, founders of Southwest Airways.
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