Word: braniff
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Remembering the beating he had taken at the hands of the automobile industry, he fought his competitors for every minute advantage. Once when Braniff bid a low $0.00001907378 a mile for airmail subsidy, Rickenbacker got the bid by offering to fly the mail for nothing. He adopted a policy of waiting for other lines to use new aircraft-and risk crashes-before adopting them himself. He insisted on personally checking every expense item over $100, swore that he would never pay a dividend on Eastern's stock (he has 100,000 shares, is the largest stockholder) as long...