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May 12, 2023 · On May 12, 1982, the aviation industry mourned the loss of Braniff International Airways, once a prominent and innovative airline that had graced the skies for over five decades. Known for its colorful aircraft, cutting-edge design, and forward-thinking approach, Braniff was an icon in the industry. However, despite its rich history and loyal ...
- Senior Editor
In the spring of 1928, insurance magnate Thomas Elmer Braniff founded an air carrier, maintenance, aircraft dealer and flight school organization with his brother Paul, called Paul R. Braniff, Inc., which did business as Tulsa-Oklahoma City Airline.
May 14, 1982 · Why couldn't the airline borrow the money? The airline had already accumulated a debt of nearly $1 billion, owed to 26 banks, 11 insurance companies, and various...
Paul Braniff left the airline in 1935 to pursue other interests and to tour South America for Braniff's eventual service to the region, but Tom Braniff retained control of the carrier and hired Charles Edmund Beard to run day-to-day operations.
Apr 25, 2013 · Paul Braniff left the company later that year while Tom Braniff stayed to run the company. He hired Charles "Chuck" Beard to take over the daily tasks of running a growing airline. Beard eventually was named President And Chief Executive Officer of the company in 1954.
May 24, 1982 · Braniff International, the ninth largest U.S. airline, declared bankruptcy. It was the first failure of a major carrier since American aviation came flying out of the barnstorming era in the...
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Sep 19, 2020 · In mid-1952 following months of negotiations, Braniff acquired Mid-Continent Airlines. Although a smaller Kansas City-based trunk line, Mid-Continent had valuable north-south routes and added a number of new and important midwestern cities to the carrier’s growing system.