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With an approved bankruptcy reorganization agreement with Hyatt Corporation a new Braniff, Inc., would be created from the assets of Braniff Airways, Inc. and Braniff International Corporation and would begin operations on March 1, 1984.
Jun 9, 2022 · Braniff International Airways was then renamed to Braniff International in 1965. 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.
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
Braniff International Airlines, Inc., founded in 1991 by financier Jeffrey Chodorow, whose company BNAir, Inc. purchased the assets of the moribund Braniff, Inc. Plagued by intense competition and by turmoil and malfeasance in its own upper management, the reborn airline dissolved in 1992.
Government corruption brought a saving grace to Braniff and the rest of the fledgling airlines that traversed the United States. Braniff Airways now had the support of not only passenger fares but also guaranteed air mail payments that virtually guaranteed its existence.
- (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.
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What happened to Braniff Airways & BN air?
Apr 23, 1990 · The bankruptcy court handling the liquidation of Braniff, Inc., the successor of Braniff Airways, Incorporated, approves the transfer of Braniff’s Inc’s., operating certificate and only the trade name Braniff to BN Air, Inc., for $313,000 USD.
