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- BIA-COR Holdings, Inc., a group of Philadelphia, Pennsylvania, investors formed by the Paine Weber Group, forms BNAir, Inc, which is the entity that is used by the group to purchase the assets of Braniff, Inc., the second successor to Braniff Airways, Incorporated, and Braniff International Corporation.
The assets of Braniff Hotels were transferred to the new Dalfort Corporation, which was the reorganized company created from Braniff Airways, Incorporated, and Braniff International Corporation, which was financed by the Hyatt Corporation. Eventually, the Driskill was sold to the Lincoln Hotel Corporation in 1985.
Braniff Airways, Incorporated, and Braniff International Corporation are reorganized as Dalfort Corporation and the reorganized company is financed by Hyatt Hotels founder Jay A. Pritzker, who has invested $117.6 million USD in capital in the new entity and owns 80-percent of the company.
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
Apr 23, 1990 · BIA-COR Holdings, Inc., a group of Philadelphia, Pennsylvania, investors formed by the Paine Weber Group, forms BNAir, Inc, which is the entity that is used by the group to purchase the assets of Braniff, Inc., the second successor to Braniff Airways, Incorporated, and Braniff International Corporation.
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
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.
Sep 20, 2023 · The new owner, MM Property Holdings, Inc. (a.k.a. Centurion American Development Group), planned to turn the building into a boutique hotel (MM Property Holdings had already restored the Statler Hilton Hotel in downtown Dallas in 2018).
Sep 10, 2022 · Established on Dec. 15, 1983 as Dalfort Corporation, it assumed the half-century familiar “Braniff” name when it became its wholly-owned subsidiary, enabling it to recommence operations from its former Dallas hub on March 1 of the following year.
People also ask
Who owns Braniff Airways?
Does Dalfort Corporation own Braniff Airways & Braniff International Corporation?
Who founded Braniff International Airways?
What happened to Braniff hotels?
Where is Braniff Air based?
What is the reorganization plan of Braniff Airways?
May 12, 2023 · Braniff International Airways was founded in 1930 by brothers Paul R. and Thomas E. Braniff in Oklahoma City, Oklahoma. What started off as a small regional carrier providing passenger transport soon became a burgeoning airline after securing contracts for air mail routes.
