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It has since been decided that the shutdown of Panair do Brasil was not primarily based on financial or technical reasons, however on different political factors, such because the army government persecution of the company's shareholders, businessmen Celso da Rocha Miranda and Mário Wallace Simonsen. Panair do Brasil was compelled to stop operations abruptly on February 10, 1965, when the Brazilian navy authorities, which seized energy the year before, suspended its operational certification and allotted its worldwide route concessions to Varig and home to Cruzeiro do Sul. 28 February 1952: a Douglas DC-3A-393 registration PP-PCN flying from Rio de Janeiro-Santos Dumont to Goiânia through Uberlândia, a wing struck a tree throughout operations to land at Uberlândia.

20 August 1962: Flight 026, a Douglas DC-8-33 registration PP-PDT taking-off from Rio de Janeiro-Galeão to Lisbon overran the runway into the ocean during an aborted operation. Former workers of Panair do Brasil, their families and mates attend an annual reunion on the week of October 22, the airline's birthday, in Rio de Janeiro. In October 2008, WPRI and sister station WALA-Tv in Cellular, Alabama, relaunched web sites by Information Company's Fox Interactive Media, since spun off because the unbiased firm known as EndPlay. In October 2012, director Ricardo Pinto e Silva and journalist Daniel Leb Sasaki started manufacturing for a new characteristic documentary film referred to as Mario Wallace Simonsen, entre a memória e a história, nonetheless unreleased.

Leb Sasaki, Daniel (2005). Pouso Forçado: A história por trás da destruição da Panair do Brasil pelo regime militar (in Portuguese). The pair interviewed former Panair workers during their 2012 reunion. Addressing the state of affairs, Panair formed an operational pool with Aerolíneas Argentinas, Alitalia, and Lufthansa. The sudden suspension of Panair shocked the country. In 2008 the documentary Panair do Brasil was released. Germano da Silva, Carlos Ari César (2008). "Buraco negro". PBN Hosting , Carlos Ari César (2008). "Mais um Lodestar". It is understood right this moment that Varig and Cruzeiro had earlier information of the government's resolution and time to organize.