Lake Superior State University
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Video Information
Title: TAILSPIN
Movie ID: VT2806
Movie Number: 2806
Description: On May 13, 1982, Braniff International's "flying colors" never left the ground. Chairman Howard D. Putnam had announced at 12:01 am that Braniff was bankrupt. Fifty-nine jets sat motionless and some 10,000 employees had no job. A shaken and exhausted Howard Putnam announced to his employees and the world that Braniff had no more cash. After 54 years of flying, Braniff would cease operations and attempt to reorganize. American Airlines picked up most of Braniff's business; within two weeks, American had substantially raised its rates.
Series:
Part: 0
Time: 28
Department: BE
Call Number: HE 9803 .T34 1983
At LSSU: Y

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