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May 12, 2023 · Photo: Aero Icarus via flickr. 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. Source: The New York Times.
- Senior Editor
Braniff Airways, Inc., operated as Braniff International Airways from 1948 until 1965, and then Braniff International from 1965 until air operations ceased, was a United States trunk carrier, a scheduled airline that operated from 1928 until 1982 and continues today as a retailer, hotelier, travel service and branding and licensing company, administering the former airline's employee pass ...
May 13, 1982 · Braniff employed 15,000 people in 1979 but by the time the end of operations was announced, the number had dwindled to about 9,000. The airline injected at least $80 million annually into the ...
May 17, 1982 · Immediately after what would become the stockholders' last annual meeting on May 6, just a week before the collapse, a small group of Braniff executives sat at an ornate wooden table in the ...
May 14, 1982 · A number of other airlines agreed to honor Braniff tickets, while, in Washington, Braniff's former competitors applied to the C.A.B. to take over what remains of the carrier's international routes ...
May 13, 1982 · By PATRICIA KOZA. WASHINGTON -- Braniff International's failure was due to over-expansion after airline deregulation, but that does not mean deregulation is bad for the country, the former ...
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May 14, 1982 · May 14, 1982, 12:05 p.m. ET. Braniff International this week became the first major US airline in 20 years to declare bankruptcy. The airline, famous for its multicolored jets and self-promotion ...
