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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 ...
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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 aircraft...
Sep 19, 2020 · Close to collapse in 1934, Braniff was rescued by the award of a government airmail contract between Oklahoma City and Chicago. The range of the Douglas DC-6 enabled Braniff to significantly expand its route system throughout South America.
Braniff ended Concorde flights on June 1, 1980. However, in spite of the service's less than stellar performance, the cost to Braniff was negligible thanks mainly to the agreements that Braniff negotiated with both British Airways and Air France.
May 13, 2020 · As losses mounted, creditors demanded the retirement of Harding Lawrence, who was replaced, in January of 1981, by John J. Casey. Casey decided to double-down, further expanding Braniff’s domestic capacity, but was stymied by an unexpected Air Traffic Control strike over the summer.
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.
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May 17, 1982 · DALLAS -- Moving with urgency, a few top Braniff executives secretly plotted the airline's shutdown in a 'war room environment,' knowing any leak would spark a stampede of jet...
