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- President Lyndon Baines Johnson approved the merger in October 1966, and on January 19, 1967, Braniff International completed the purchase agreement. The two carriers merged on February 1, 1967, and the combined airline operated 30 flights a week to South America.
On Wednesday, February 1, 1967, Braniff International merged with Pan American Grace Airways, also known by the trade name Panagra. 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.
- PAN AMERICAN GRACE AIRWAYS PANAGRA
Braniff International announced that an agreement had been...
- PAN AMERICAN GRACE AIRWAYS PANAGRA
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 ...
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
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.
On February 1, 1967, Braniff International merged with Pan American Grace Airways, also known by the trade name Panagra. Braniff purchased the 39-year-old South American West Coast airline for US$30 million from its two owners, W. R. Grace and Company and Pan American World Airways, Inc..
Jul 4, 2023 · In February 1967, the carrier merged with Braniff Airways, Incorporated, and Panagra’s facilities were retained by Braniff at the Lima Airport. In 2019, the former Braniff headquarters building had been vacant since Braniff left in 1982.
- (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.
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Who owns Pan American-Grace Airways?
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When did Pan American become Panagra Airways?
When did Braniff Airways merge with Panagra?
What happened to Panagra Airways?
On February 1, 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 February 1, 1967, and Panagra's remaining piston airliners were retired.