History
Panagra operated flights from the United States to the Andean countries of South America, connecting as far south as Buenos Aires and Santiago, Chile. The airline was founded in 1929 to compete with SCADTA, a German-owned company, and held a quasi-monopoly over air travel in many parts of Colombia and South America during the 1940s and 1950s. Panagra merged with Braniff International Airways in 1967. Braniff operated the Panagra routes to South America until 1982, when Eastern Air Lines purchased its South American operations. Beginning in 1990, these routes were operated by American Airlines.
Grace Shipping was a subsidiary of W. R. Grace and Company. W. R. Grace once had a 50% share of Pan American-Grace Airways, which also is known as Panagra through Grace Shipping.
Read more about this topic: Pan American-Grace Airways
Famous quotes containing the word history:
“This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.”
—Richard M. Nixon (19131995)
“The history of the world is none other than the progress of the consciousness of freedom.”
—Georg Wilhelm Friedrich Hegel (17701831)
“Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.”
—Ruth Benedict (18871948)