AA's Role In BN's BK

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<<Don't forget the "Texas Fares" that BN (1) had near the end.  They
put the fares in a centerfold in the schedule....looked like a
mileage chart on a road map.  Very simple to figure out.

Unfortunately, it was too near the end, and AA was really doing their
best to kill BN.  It never got a fair shake to see if it would work.>>

While BN's fare simplification move drove Bob Crandall nuts at AA, it wasn't
AMR that drove Braniff into bankruptcy.  Years of "creative finances", over
expansion and internal turf wars left Howard Putnam with no other choice than to
file Chapter 11.  John Nance's hypothesis that BN had enough monetary "IOU's"
to affect a quick return to the air while in Chapter 11 is pure bunk.  My
hunch is if Putnam had been given a more accurate accounting of BN's finances
he'd probably still be at Southwest in the CEO's position.

RT Simpson
Phoenix

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