 Jay Pritzker, of Hyatt Hotels, masterminded the reorganization of the original Braniff International Airways and successfully brought the airline out of bankruptcy on December 15, 1983.The new entity was commenced with a total capitalization of US$100 million (70 million from Hyatt and 30 million in Airways' assets) and virtually no debt.Braniff Airways, Inc., incorporated in Nevada, in November 1983, was then changed to "Dalfort Corporation" and a "new" Braniff, named Braniff, Inc., was formed.