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It has since been determined that the shutdown of Panair do Brasil was not based mostly on monetary or technical reasons, however on other political components, such as the army authorities persecution of the company's shareholders, businessmen Celso da Rocha Miranda and Mário Wallace Simonsen. Panair do Brasil was pressured to stop operations abruptly on February 10, 1965, when the Brazilian military authorities, which seized power the year earlier than, suspended its operational certification and allotted its international route concessions to Varig and domestic to Cruzeiro do Sul. 28 February 1952: a Douglas DC-3A-393 registration PP-PCN flying from Rio de Janeiro-Santos Dumont to Goiânia by way of Uberlândia, a wing struck a tree during 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 throughout an aborted operation. Former staff of Panair do Brasil, their households and friends 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 Mobile, Alabama, relaunched web sites via Information Corporation's Fox Interactive Media, since spun off because the impartial firm known as EndPlay. In October 2012, director Ricardo Pinto e Silva and journalist Daniel Leb Sasaki began manufacturing for a new feature documentary film known 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 employees throughout their 2012 reunion. Addressing the situation, Panair formed an operational pool with Aerolíneas Argentinas, Alitalia, and Lufthansa. The sudden suspension of Panair shocked the nation. In 2008 the documentary Panair do Brasil was launched. PBN Hosting , Carlos Ari César (2008). "Buraco negro". Germano da Silva, Carlos Ari César (2008). "Mais um Lodestar". It is understood immediately that Varig and Cruzeiro had earlier information of the federal government's determination and time to prepare.