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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
Company profile page for Braniff International Corp including stock price, company news, executives, board members, and contact information.
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
May 12, 2023 · Ultimately, on May 12, 1982, Braniff announced the suspension of all its flights and informed its 9,500 employees that they were not required to report to work the following day. The airline then applied for bankruptcy and ceased all operations, ending 54 colorful years in the skies.
- Senior Editor
Sep 10, 2022 · By 1988, when BIA-COR Holdings, Inc. became the carrier’s new owner after a stock purchase agreement concluded with Dalfort Corporation, the third Braniff had become the 13th largest US airline in terms of revenue passenger miles (RPMs), serving 40 domestic destinations, as well as Nassau in the Bahamas.
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Sep 19, 2020 · Formerly little Braniff Airways was now recognized as an international airline! Mid-Continent's short-haul route system was strong throughout the Central Midwest, complimenting Braniff's network. In mid-1952 following months of negotiations, Braniff acquired Mid-Continent Airlines.
