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Braniff purchased the 39-year old South American West Coast airline for $30 million USD from its two owners, W. R. Grace and Company and Pan American World Airways, Inc. Braniff Executive Vice President Charles Edward Acker presented a check for $15 million USD to W. R. Grace and Company Assistant General Council Walter Morris a month earlier ...
- PAN AMERICAN-GRACE AIRWAYS PANAGRA
Two letters of intent, one dated August 31, 1928, and the...
- PAN AMERICAN-GRACE AIRWAYS PANAGRA
Jul 4, 2023 · Two letters of intent, one dated August 31, 1928, and the second dated September 7, 1928, outline the proposed formation of a new corporation under the laws of the State of Delaware, jointly owned by Pan American World Airways and W. R. Grace and Company, for the purpose of operating air carrier operations to and from Peru.
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
Jul 5, 2023 · Braniff International announced that an agreement had been reached with New York City-based Pan American World Airways to purchase the fabled airline's ownership of Pan American-Grace Airways, Inc. After nearly 13 years of negotiation, Pan Am accepted Braniff's offer of a cash payment of $15 million USD for Pan Am’s 50-percent ownership in Panagra
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
Jun 10, 2022 · In 1967 Braniff, purchased Pan American-Grace Airways (known as Panagra) from shareholders of Pan American World Airways and W.R. Grace, increasing its presence in South America. The merger was effective on 01Feb1967. The carrier was renamed to Braniff International (i) and it operated until 12May1982 < scheduled international and regional ...
In February 1967 Braniff, purchased Pan American-Grace Airways which was also known as Panagra from shareholders of Pan American World Airways and W. R. Grace, increasing its presence making it the leading US airline in South America. The merger was effective on February 1, 1967, and Panagra's remaining piston airliners were retired.
Apr 25, 1999 · Pan American-Grace Airways, better known as PANAGRA, was an airline formed as a joint venture between Pan American World Airways and Grace Shipping Company from 1928 to 1969. The airline primarily flew to South America from both the East and West Coast. It ceased operations when it merged with Braniff International Airways.
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Jun 9, 2022 · In 1967 Braniff, purchased Pan American-Grace Airways (known as Panagra) from shareholders of Pan American World Airways and W.R. Grace, increasing its presence in South America. The merger was effective on 01Feb1967. The carrier was renamed to Braniff International (i) and it operated until 12May1982 < scheduled international and regional ...