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With the addition of the South America route system, merger with Mid-Continent Airlines, and reduction in mail subsidy on the Mid-Continent system, Braniff International Airways recorded a US$1.8 million operating loss during 1953.
With the addition of the South America route system, merger with Mid-Continent Airlines, and reduction in mail subsidy on the Mid-Continent system, Braniff International Airways recorded a US$1.8 million operating loss during 1953.
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 ...
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May 24, 1982 · Braniff International, the ninth largest U.S. airline, declared bankruptcy. It was the first failure of a major carrier since American aviation came flying out of the barnstorming era in the...
May 14, 1982 · When it went out of business, Braniff had accumulated a net loss of $377 million since 1979. Why couldn't the airline borrow the money? The airline had already accumulated a debt of nearly...
May 13, 1982 · WASHINGTON -- Braniff International's failure was due to over-expansion after airline deregulation, but that does not mean deregulation is bad for the country, the former chairman of the...
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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.
