Pan Am - Chronology 1980-1991
First airline to operate aircraft (Lockheed L1011-500) with "active controls" - a fuel saving computer.
Jan 08, 1980
Pan Am acquires National Airlines for $500 million to better compete in a newly deregulated U.S. industry.
Pan Am sold it's Pan Am Building to Met Life for $400 million, at the time the highest price ever paid for a Manhattan property.
Jan 28, 1981
First U.S.-flag airline to re-etablish regulary sheduled flights to the People's Republic of China since 1949.
Sep 11, 1981
Pan Am completed the sale of its Intercontinental Hotels Corporation for $500 million to Grand Metropolitan Ltd. based in London, Great Britain.
Sep 14, 1981
Pan Am's "2-for-1" campaign started. Travelers who bought a full-price ticket on any Pan Am route in the continental United States, between Sept. 14 and Oct. 24, were eligible to buy two round-trip tickets on certain international routes for the price of one.
Jul 29, 1982
Pan Am introduces its most comprehensive mileage-bonus program, Worldpass.
Oct 31, 1982
Pan Am is ending its round-the-world route, which was introduced 35 years ago. The round-the-world flights were very prestigious, but not very profitable for Pan Am at this time.
Pan Am no longer operated an all-cargo service with the sale of their last Boeing 747-200 freighter to Japan Airlines for $42 million.
Feb 11, 1986
Pan Am turns its Pacific routes over to United Airlines, which was sold for $750 million.
Jun 01, 1986
Pan Am Express started service.
Oct 01, 1986
Pan Am completed the transfer of 75 takeoff and landing slots at New York's La Guardia Airport and Washington's National Airport from the Texas Air Corporation for $60.7 million. Pan Am used the solts for shuttle service between New York and Washington and New York and Boston.
Pan Am sold it's Airbus purchase rights (50 new Airbus A320) to Braniff Airlines for $115 million.
The UAL Corporation, parent of United Airlines, acquired Pan Am's London routes (between five cities in the United States and London) for $400 million.
Oct 28, 1990
IGS (Internal German Service) ended service. Lufthansa A.G. took over routes from Pan Am, including all the 74 daily flights between Berlin and the German cities of Hamburg, Nuremberg, Frankfurt, Stuttgart, Dusseldorf and Munich for $150 million.
Dez 04, 1991
Pan Am shuts down.
Ticket Reservation hotline on Dec 12, 1991