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Braniff was the first airline authorized by the CAB to operate JATO or Jet Assisted Take-Off aircraft (DC-4) at La Paz. Braniff inaugurated new service from Lima, Peru, to Rio de Janeiro, Brazil, with a stop at São Paulo, added in October 1950.
Braniff's last piston schedule was operated with a Convair aircraft in September 1967 and the last Lockheed L-188 Electra turboprop service was flown about May 1969. In February 1958 Braniff opened a new headquarters building at Exchange Park, a high-rise office development within sight of Dallas Love Field.
The new airline flew oil company executives between Oklahoma City, Oklahoma, where Braniff was based, to Tulsa, Oklahoma, the heart of the Oklahoma oil boom. The airline was completely dependent on passenger fares for its existence.
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Sep 19, 2020 · After changing hands several times in the early 1960s, Braniff was sold to the Greatamerica Insurance Company in 1964. Their executives saw in Braniff a well-run and stable concern with a highly underutilized operation that could, with an overhaul, become a world-class airline that just might span the globe.
Nov 1, 1994 · The company moved into a new ten-story headquarters building in Dallas and new terminal facilities at Love Field in 1958. Revenue passenger miles increased from 550 million in 1953 to 1.5 billion in 1964; during the same time the company's one-cent-per-share earnings increased to $2.03.
Apr 25, 2013 · The original Braniff airline operation was known as Tulsa–Oklahoma City Airways. It was started by Thomas E. Braniff, an insurance salesman and financial executive. Teaming up with his brother, Paul Revere Braniff, they offered passenger service throughout Oklahoma.
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Braniff International Airways succumbed to overexpansion during airline deregulation of the 1970s. It ceased operations in 1982, and its assets were purchased by BIA-COR Holdings of New York, which unsuccessfully tried to resurrect the pioneer airline.
