Pan Am to Fly Again!
Written by jbinner on April 18, 2014
Pan American Airways Global Holdings, Inc. (New York) is the parent holding company of six brands of the Pan American family. The would-be paper airline wants to revive the Pan Am name and brand. If it does, it will be the fourth version using the venerable name. On April 5 the company issued this statement:
Pan American Airways is pleased to announce that it has completed formal selection of aircraft for it’s planned launch early this summer to include the Boeing 737-800 models, with upgrades to the NexGen later as service needs develop. In late March of 2014, Pan American entered into discussions with an undisclosed lessor that is well positioned to support Pan Am’s growth strategy within the southern tier markets, and have ratified formal agreements through an issued LOI early Friday, and will be supported with a signed Purchase Agreement once aircraft delivery is ready to proceed. Senior executives close to these negotiations continue to monitor the formal delivery of these aircraft, as certain criterion need to be met in order to deliver the specified flying experience that the brand wishes to extend to its audience.
Pan American is committed to delivering a top flight level of service that was once enjoyed by many worldwide, and those expectations will be extended into the new 21st century business model, as we continue to proceed with our plans to launch early, to mid-summer of this year.