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Panagra Fairchild FC-2 at the National Air and Space Museum in Washington, DC. On September 13, 1928 this plane took off from a race track in Lima on a 550 mile flight to Talara on Peruvian Airlines' first flight. After W.R. Grace signed on to the venture as a 50-50 partner with Pan American, Peruvian Airlines became Panagra. Designated P-1 this was the first aircraft owned by Panagra.