In early 1965, Lawrence was seen throughout the Braniff International operation at
Dallas Love Field. He had pen and paper in hand and appeared to be watching the bustling Braniff schedule with a keen intensity and specific interest, writing down everything that he saw. Everyone wondered who this was and what was his interest in Braniff. Braniff employees soon found out he was their new president, hired by insurance magnate
Troy V. Post, chairman of Greatamerica Corporation, to turn Braniff into a world class global airline. Braniff co-founder Thomas Elmer Braniff was an insurance magnate and now the third major owner (Senator
William A. Blakley was the second largest owner of Braniff after 1954) of Braniff was also an insurance executive. Lawrence engineered a remarkable airline overhaul during his 16 years with
Braniff International Airways. He retired on December 31, 1980, after a long battle to save Braniff from bankruptcy due to the competitive pressure of deregulation combined with a national economic downturn and unprecedented rises in fuel costs. During his first month at Braniff, Lawrence executed an order for 12 new
Boeing 727 aircraft, The aircraft had already been selected before his arrival but not yet ordered. These airplanes were the C model with a large freight loading door at the front of the aircraft, which allowed Braniff to begin late night cargo service while during the day regular passenger service was operated with the aircraft, doubling the 727 utilization rate and allowed Braniff to open a new cargo business that was called AirGo. The new 727s could also be outfitted in a cargo/passenger configuration, if needed. The 727 would become the backbone of the Braniff Fleet and the key aircraft in its 1971 Fleet Standardization Plan that called for only three aircraft types: Boeing 727 on domestic service, 747 for Hawaii, and DC-8 for South America. When Lawrence took office in May, 1965, Braniff operated thirteen different aircraft types. Lawrence also increased daily utilization of its aircraft which increased revenue without adding more aircraft to the fleet. Throughout Lawrence's tenure Braniff achieved record revenues, profits and traffic as detailed in month after month of Braniff B Liner Employee Newsletters, financial statements, and company annual reports. Under Lawrence's administration Braniff business volume grew from 100 million USD in 1965 to over 1.5 billion USD in 1980 and nearly doubled its passenger market share. Even during 1980 Braniff continued to set record traffic levels and revenues. Lawrence was bold with his management of Braniff even attempting to take over the much larger
Pan American World Airways, Inc. in the early 1970s, which would have served the dual purpose of making Braniff a worldwide air carrier and giving Pan Am access to a United States domestic feeder system. Pan Am's Chairman
Najeeb Halaby unfortunately refused the idea, preferring to pursue a merger with international competitor
Trans World Airlines. == Retirement and final years ==