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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 13, 2020 · Eventually, Eastern Airlines agreed to lease the South American routes for $18m a year, paying Braniff $11m initially, with the remaining $7m due by the end of 1982. It was too late. On May 11th 1982, Putnam failed to obtain a court order blocking a pilot strike.
Apr 10, 2022 · Braniff International was a big name in US airline transportation from 1930 until its bankruptcy and shutdown in May 1982. Starting out with Lockheed Vegas and Douglas DC-2s and DC-3s, the airline carved out a niche in Texas, Oklahoma and Kansas, and after WW2, won a South American route award that terminated in Buenos Aires.
May 13, 1982 · In 1980, Braniff lost $131 million and in 1981, the airline had a net loss of almost $161 million. Its total debt obligation Wednesday was almost $1 billion -- clearly in excess of $858 million.
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Embark on a journey through time with the Braniff International Airlines timeline. Explore the decades of aviation excellence, from the inaugural flights to groundbreaking innovations. Follow the evolution of Braniff International Airlines through key milestones and historic moments that have shaped
