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Plastered over the windows of an airline ticket office in downtown Rio were defiant posters: IT IS EASY TO DESTROY, BUT IT TAKES 35 YEARS TO BUILD! WE WILL NOT DIE! The protests were against one of the most severe economic reforms yet attempted by Brazil's revolutionary government. In a special decree, President Humberto Castello Branco ordered the country's big Panair do Brasil airline to cease operations immediately, grounded its planes, and turned over its domestic and international routes to other Brazilian lines...

Author: /time Magazine | Title: Brazil: Too Many Wings | 2/26/1965 | See Source »

Then, in 1961, bowing to the intense nationalistic pressures stirred up by President Jánio Quadros, Pan American sold its 30% controlling interest to Brazilian investors. The new owners, notably Mário Simonsen, a wheeler-dealer who made a fortune speculating in coffee, quickly put Panair into a financial nose dive. To win friends and influence politicians on other business deals, Simonsen started handing out so many free tickets that on overseas runs as many as 40% of Panair's passengers were flying now and paying never...

Author: /time Magazine | Title: Brazil: Too Many Wings | 2/26/1965 | See Source »

Weak as it was, Panair was still something of a national institution, and Castello Branco's sudden action brought shocked outcries. The governor of Amazonas State declared a state of emergency and flew to Rio to try and plead with Castello Branco. Panair's directors vowed to appeal the President's order to the Supreme Court, but it does not reconvene until March 9. By then the airline will probably have been torn apart by its competitors and creditors...

Author: /time Magazine | Title: Brazil: Too Many Wings | 2/26/1965 | See Source »

Died. Augusto Frederico Schmidt, 58, Brazilian poet, politician and entrepreneur, a smalltime merchant's son who wormed his way into Rio society with critically acclaimed verse, through his contacts built up a huge business complex (15 supermarkets in Rio alone), in the 1950s became President Juscelino Kubitschek's top speech writer and the brains behind his "Operation Pan America," forerunner of the Alianza; of a heart attack; in Rio...

Author: /time Magazine | Title: Milestones: Feb. 19, 1965 | 2/19/1965 | See Source »

Given drivel which follows the plot of Laura right up to the outskirts of Fanny Hill, Director Gordon Douglas (Rio Conchos) makes surprisingly lively entertainment of it. Spirited performers also lend Sylvia a sorely needed touch of class, and Actress Baker schlumps through the role at a wry deadpan pace, obviously enjoying her buildup as Hollywood's sex queen pro tern...

Author: /time Magazine | Title: Cinema: Coming Up Roses | 2/19/1965 | See Source »

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