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'Pan American-Grace Airways', better known as 'Panagra', was an airline formed as a joint venture between Pan American World Airways and Grace Shipping Company.

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History

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 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. As of 2007, these routes were operated by American Airlines.
Grace Shipping was a subsidiary of W. R. Grace and Company. WR Grace once had a 50% share of Pan American-Grace Airways, which also is known as Panagra through Grace Shipping.