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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 ...
- Senior Editor
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.
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...
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.
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Feb 1, 1994 · The most spectacular failure was Braniff Airways, whose demise followed a fare war with American Airlines. In May 1982, it became the first major carrier since 1938 to go bankrupt."