Search results
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 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...
Jun 20, 2010 · But the pace of the airline's domestic and international expansion and the vast amounts of capital it required were ultimately unsustainable and the airline started to hemorrhage money. For the year ending 1979 Braniff reported its first ever loss under Harding Lawrence sliding from an $80,159,000 profit in 1978 to a $38,438,00 loss in 1979.
Sep 19, 2020 · Braniff simply ran out of cash, couldn't meet payroll and ceased air carrier operations in May 1982. They’re fondly remembered for being a key partner in the planning of the Dallas-Fort Worth International Airport as well as being among the first carriers to adopt and refine airline computerized reservations systems.
May 24, 1982 · Even with that, Braniff had lost $336 million during the past three years and had not earned a profit since 1978. So far in 1982, it had lost $43.2 million.
People also ask
What happened to Braniff Airways?
When did Braniff Airways start?
Is Braniff Airways the world's fastest airline?
When did Braniff Flight 1 crash?
Is Braniff a heritage airline?
Did Braniff buy a Boeing 727-100?
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 $1...
