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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..
The new company, Pan American Grace Airways, Inc., was jointly and equally owned by both Pan American World Airways, Inc., and W. R. Grace and Company, the largest shipping company in South America.
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Pan American Airways, Incorporated (PAA) was founded as a shell company on March 14, 1927, by United States Army Air Corps officers Henry "Hap" Arnold, Carl Spaatz and John Jouett out of concern for the growing influence of the German-owned Colombian air carrier SCADTA, [12] in Central America.
Jun 10, 2022 · Panagra was formed by Pan Am & W.R Grace & Company by the merger of Peruvian Airways and Chilean Airlines on 13/Sep/1928 and commenced operations on 12/Oct/1929. The mail contract was awarded to the airline for the route between the Canal Zone and Argentina.
Panagra merged with Braniff International Airways in 1967. Pan American-Grace.com was designed by Chip and Jef Reahard as a tribute to Panagra captain J.F. Reahard, Jr. and the rest of the men and women who flew the line.
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..
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During 1930, the Colombian airline SCADTA (now AVIANCA), and NYRBA (New York, Rio, & Buenos Aires Airline) were acquired (bringing many qualified personnel, nearly 30 almost new multi-engined planes, and the Panair Do Brasil subsidiary).