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Braniff International Airlines, Inc. was an airline formed in 1991 by Jeffrey Chodorow and Scot Spencer with Boeing 727-200s and a lone Douglas DC-9. This fledging "Braniff III" only lasted a year. This airline was formed from the assets of Braniff Inc., which itself was formed from the assets of Braniff International Airways.
Chodorow and Spencer both were convicted of fraud for making off with $14 million of the companies funds.
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