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- Jay Pritzker, of Hyatt Hotels, masterminded the reorganization of the original Braniff International Airways (BIA) and successfully brought the airline out of bankruptcy on December 15, 1983. The new entity was commenced with a total capitalization of US$100 million (70 million from Hyatt and 30 million in Airways' assets) and virtually no debt.
en.wikipedia.org/wiki/Braniff_(1983–1990)
In the spring of 1928, insurance magnate Thomas Elmer Braniff founded an air carrier, maintenance, aircraft dealer and flight school organization with his brother Paul, called Paul R. Braniff, Inc., which did business as Tulsa-Oklahoma City Airline.
May 12, 2023 · On May 12, 1982, the aviation industry mourned the loss of Braniff International Airways, once a prominent and innovative airline that had graced the skies for over five decades. Known for its colorful aircraft, cutting-edge design, and forward-thinking approach, Braniff was an icon in the industry. However, despite its rich history and loyal ...
- Senior Editor
In 1935, Braniff became the first airline to fly from Chicago to the U.S.–Mexico border. Paul Braniff left the airline in 1935 to pursue other interests and to tour South America for Braniff's eventual service to the region, but Tom Braniff retained control of the carrier and hired Charles Edmund Beard to run day-to-day operations.
From humble beginnings that began as an Aero Club in Oklahoma City in 1927, Braniff grew to become a multinational corporation that flew throughout the Continental United States, Canada, Mexico, from the U.S. Mainland to South America, and across both the Pacific and the Atlantic.
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Apr 25, 2013 · The original Braniff airline operation was known as Tulsa–Oklahoma City Airways. It was started by Thomas E. Braniff, an insurance salesman and financial executive. Teaming up with his brother, Paul Revere Braniff, they offered passenger service throughout Oklahoma.
November 1, 1983. Braniff Airways, Inc., and Braniff International Corporation are reorganized and incorporated in the State of Nevada as Dalfort Corporation and a new airline subsidiary, Braniff, Inc., was formed to operate the new Braniff airline entity.
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Sep 19, 2020 · From very humble beginnings as an Aero Club in Oklahoma City, their initial venture grew to become a multinational corporation with routes spanning the United States, Canada, Mexico and beyond to South America as well as destinations across the Atlantic and Pacific Oceans.