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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.
The Debtor, Braniff Airways, challenges Defendants' assertions of priority status for their claims under § 507 of the Bankruptcy Code ("Code"), their entitlement to setoff rights, and their claims to be beneficiaries of a trust fund.
Nov 1, 1994 · The Civil Aeronautics Board granted approval to serve South America in 1943, and the company was renamed Braniff International Airways. Braniff acquired Bowen Air Lines and operated it in 1935–36; it owned and operated Aerovias Braniff in Mexico from 1943 to 1946.
Comprising photocopies of applications, statements, proceedings, articles, and additional legal records gathered by Duane Lebl, the Braniff Airlines Bankruptcy Case Files, 1980-1983, chronicle the bankruptcy court case for Braniff International Airways in the early 1980s.
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
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.
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Facts Braniff Airways, Inc., and its affiliate filed for reorganization under Chapter 11 of the Bankruptcy Code on May 13,...