AVIATION: The South American Way

No one has fought harder than Juan Trippe's Pan American World Airways to keep other U.S. airlines out of Latin America. No one has put up a stiffer fight to get in than Tom Braniff's Braniff Airways. Last week it looked as though Braniff had won a resounding victory. In a fortnight, Braniff announced, it will launch its first flight from Lima to Buenos Aires, thus giving Pan Am its first independent U.S. competitor to Argentina.* After that, Braniff will fly four round trips a week between B.A. and Houston, from which its network of U.S. routes fans out...