Word: braniff
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Before a House subcommittee investigating the Lockheed Electra crash in Boston that took 62 lives, Braniff Airways Captain Trooper A. Shaw gave the ill-fated Electra a supreme accolade: "The Electra is the safest and most reliable airplane it has been my privilege to fly." His testimony seemed in direct conflict with the views of his own airline, which only the day before in Dallas had filed a $2,400,000 suit against Lockheed Aircraft, the Electra's maker, and General Motors, which supplied the plane's Allison turboprop engines, charging that the Electra was "negligently and carelessly...
...recommendations are a blow to American. Eastern, Braniff and TWA, which had also applied. In his decision, Examiner Edward T. Stodola noted that these new routes are "the last great opportunity for some real regulatory statesmanship." But other airlines questioned Stodola's idea of statesmanship. The reason he settled on National was that it is the least well off of the applicants...
...cantilevered roof. With a 114-ft. overhang, the roof can shelter all but the tail sections of six jetliners at one time. Pan Am's is the fourth individual terminal to be opened at Idlewild. American, United and Eastern are already in operation. By 1962 the North-west-Braniff-Northeast building will be up. So will Eero Saarinen's spectacular gull-like TWA terminal. Altogether, U.S. and foreign airlines-which once scorned Idlewild as too far from Manhattan-are now putting $150 million into the Terminal City building program, giving Idlewild a World's Fair look...
...approved a fare hike based on the airlines' return on investment-four years after it began its fare investigation. Its announcement was so ambiguous and confusing that not even airline lawyers could figure out what the board really meant. The hike seemed to amount to about 2%, but Braniff announced that it will ask for a 3% hike, Capital for a 4% hike, Eastern for 5% (with Capital and Eastern also asking an additional $1 a ticket...
...adopting a policy of trying to strengthen middle-sized regional trunk lines, CAB awarded them long hauls already amply served by the major lines. Today seven markets are served by five or more airlines; in 1955 there were none. Sometimes, as in the case of Delta and Braniff airlines, the plan worked. Often everyone got hurt. Says American Airlines President C. R. Smith: "Competition is good. It becomes bad when it is wasteful and there is insufficient business to provide a profit even for the most efficient...