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Pan American Airways, also known as Pan Am II, was an airline created in 1996 by an investment group that included former US ambassador Charles Cobb. The group purchased the rights to the venerable Pan Am brand after the original carrier declared bankruptcy in 1991.
Pan Am was forced to file for bankruptcy protection on January 8, 1991. [125] Delta Air Lines purchased the remaining profitable assets of Pan Am, including its remaining European routes (except one from Miami to Paris), and Frankfurt mini hub, the Shuttle operation, 45 jets, and the Pan Am Worldport at John F. Kennedy Airport, for $416 million.
In 1970 alone, Pan Am carried 11 million passengers to 86 countries worldwide. But after decades of financial turbulence, Pan Am went bust. The rise and fall of Pan Am [Video]
The terminal featured the Panorama Room, a dining room with a view of the entire concourse, and the Clipper Hall museum of Pan Am history. In 1971, the terminal was expanded to accommodate the large Boeing 747 and renamed the "Pan Am Worldport". Worldport was the world's largest airline terminal and held the title for several years.
Pan American World Airways: New York: PA: PAA: CLIPPER: New York Kennedy: 1927: 1991: Went bankrupt Pan Am Cargo: 1963: 1983: Subsidiary of Pan American World Airways: Pan Am Express: RZ: PXX: PAN AM: Miami: 1981: 1991: A flight connection code sharing service operated by several air carriers. See also Ransome Airlines: Pan Am Shuttle: 1986: To ...
Pan Am Brands, which owns the former airline’s licensing rights, will fly a special Pan Am-branded private jet on a 12-day trip from New York City in June 2025.
When Pan Am declared bankruptcy in early 1991 and was forced to sell its New York hub to Delta Air Lines, Pan Am Express continued to operate the northeast regional system and the Miami system for Pan Am until the brand was shut down together with its parent on December 4, 1991. On that date, Ransome / Pan Am Express was sold to Trans World ...
The Pan Am brand was sold by the second incarnation of Pan American World Airways to New Hampshire-based Guilford Transportation Industries, a railroad company headed by Timothy Mellon. After this transaction, a new airline was established on June 29, 1998. Guilford launched Pan American Airways with a fleet of seven Boeing 727-200s.