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- Government corruption brought a saving grace to Braniff and the rest of the fledgling airlines that traversed the United States. Braniff Airways now had the support of not only passenger fares but also guaranteed air mail payments that virtually guaranteed its existence.
www.braniffinternational.com/airwaysinc-historyExploring the Rich History of Braniff Airways: A Journey ...
May 12, 2023 · The legislation aimed to promote competition and reduce government control over airlines, allowing new carriers to enter the market and existing airlines to compete more freely. While deregulation opened up opportunities for Braniff to expand its route network, it also intensified competition from other carriers, leading to fare wars and ...
- Senior Editor
Feb 1, 1994 · By the early 1970s, however, excess capacity (unfilled seats) and service frills on interstate traffic were widespread, and critics attributed this inefficiency to regulation. Congressional hearings on the economic deregulation of the airline industry were conducted in the mid-1970s.
- Michael B. Tannen
- 1994
Government corruption brought a saving grace to Braniff and the rest of the fledgling airlines that traversed the United States. Braniff Airways now had the support of not only passenger fares but also guaranteed air mail payments that virtually guaranteed its existence.
- (214) 233-6473
- INFO@BRANIFFINTERNATIONAL.COM
May 14, 1982 · 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, thus ended a corporate...
May 13, 1982 · In 1980, Braniff lost $131 million and in 1981, the airline had a net loss of almost $161 million. Its total debt obligation Wednesday was almost $1 billion -- clearly in excess of $858 million.
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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With the addition of the South America route system, merger with Mid-Continent Airlines, and reduction in mail subsidy on the Mid-Continent system, Braniff International Airways recorded a US$1.8 million operating loss during 1953.
