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Pan Am was forced to file for bankruptcy protection on January 8, 1991. [127] 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.
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.
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.
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]
As a pilot for Pan Am’s commuter flight service, he was waiting for a chance to fly its big jets when the airline went out of business. He did eventually get his turn to pilot 747s, but for ...
Trippe was born in Sea Bright, New Jersey, on June 27, 1899, the great-great-grandson of Lieutenant John Trippe, captain of the USS Vixen. [4] Because he was named "Juan", he is widely assumed to have been of Hispanic descent, but his family was actually Northern European in ancestry and settled in Maryland in 1664.
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 ...
Bartelings and the Pan Am Museum’s hope to create a flight for Miami is based on the city’s importance in the airline’s history. After starting in Key West in 1927, the airline moved ...