Posted April 8th, 2004, 05:41 AM
There are various websites devoted to the "real" Pan Am, the airline that led the world for much of its history from 1927 to 1991. http://www.panamair.org
is one of them, with the history of the airline available on this page
. That includes this about the end of the "real" Pan Am
:-<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>The Fall of Pan Am
The Lockerbie crash hurt an airline already in trouble. Passengers were scarce, Pan Am was flying empty planes. Pan Am found itself unable to pay its employees. The only option was sell what it still had.
Pacific routes were sold to United Airlines, Atlantic routes were sold to Delta and American Airlines.
Finally the whole airline was sold to Delta. Pan Am's Worldport at JFK airport in New York was created into the Delta Flight Center after the sale of Pan American World Airways to Delta.
Pan Am created a plan for a "Restructered Pan Am" with routes in the Caribbean and South American but after funds were depleted the plan ceased.<HR></BLOCKQUOTE>This is about the 1996 to 1998 period
:-<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>The 2nd Pan Am
September 1996 two, an Airbus 300 named Clipper Fairwind reintroduced scheduled service from Miami to new York. Within the year Pan Am added Santo Domingo, San Juan and Chicago destinations using five jets.
Pan Am merged with Carnival Airlines which resulted in service and quality deterioration.
In 1998 the second Pan Am declared bankruptcy and the remains of Pan Am were sold to Guilford Transportation.
Marty Schugrue started as a pilot with Pan Am. When furloughed he joined the Pan Am management team. He struggled to keep Pan Am afloat as the Vice Chairman. After its fall Marty was a founder of the Second Pan Am. Marty died one year after the fall of the Second Pan Am.<HR></BLOCKQUOTE>And this is the site of the current holder of the airline's name
, the "new" Pan Am.