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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 · 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 $1...
Apr 25, 2013 · Operating from 1930 through 1982, Braniff flew routes throughout the middle and southwestern portions of the United States, as well as Panama, South America, Europe and Asia. The “perfect storm” of increased competition, overexpansion and extremely high fuel prices forced the company to shut down on May 12, 1982.
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Dec 8, 2016 · Along with Tom Braniff, Charles Beard took some element of control and would continue to grow the carrier through several mergers & route expansions, including access to South America & Mexico. In 1954, Tom Braniff died, ending the Braniff family lineage in the carrier.
