Braniff declares bankruptcy. The other shoe to drop.

LEAD: Braniff Inc., the nation's 15th-largest airline, filed for bankruptcy protection yesterday, caught between the high cost of an aggressive expansion and the difficulty of securing financing in a troubled ''junk bond'' market.

http://query.nytimes.com/gst/fullpage.html?res=950DE0D9103DF93AA1575AC0A96F948260

 

1989 news article.....is this from an IB news data feed??? :eek:

 

Change the year, and fill in whatever airline you want

 

Ugly rumors circulating about Pan Am. I wouldn't be long over the weekend, that's for sure.

 

US Airways is top on the list to go under

 

OK, got it......put UNITED, AMERICAN, or USAIR in the place of Braniff and then we will be very close to the current situation.