The Collapse of Pan Am | Overspending, Overselling, Bankruptcy | History in the Dark
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- Опубліковано 5 лип 2024
- Pan American World Airways was originally founded on March 14, 1927 and over time rose to become one of the most dominant airlines in the world. They peaked in the late 1960's and in 1970 embraced the brand new Boeing 747 to kick off the era of widebody aircraft. But after this, they would encounter almost nothing but problems to which they would react by selling some of their most valuable assets and purchasing many useless things.
✈️Further Reading✈️
simpleflying.com/30-years-on-...
simpleflying.com/airline-dere...
inspireip.com/airline-collaps...
en.wikipedia.org/wiki/Pan_Am
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#aircraft #plane #truestory #documentary #corporate
The motto "The World's Most Experiended Airline" led to people pointing out after any mishap that Pan-Am was having another of their experiences.
WHAT THE HELL i just watched you other pam am video not even 10 minutes ago ... what is this coincidence
I remember flying Pan Am back in 1986 heading home from college. They lost a backpack that I had checked for luggage. I never got it back.
Loosing $3 million a day sounds like it’s $2 million dollars more than the Penn Central, which was loosing $1 million dollars a day!
I should also point out that Flight 103 was not the only terrorist attack to hit Pan Am, as there was also Flight 830 in Hawaii (which was also bombed) and more famously, Flight 73, a hijacking in Pakistan. Those incidents soured Pan Am's rep pretty badly, and Flight 103 was pretty much the final nail in the coffin.
De-regulation is what really killed Pan Am, nothing else. When the oil crisis hit, if all carriers were regulated all would raise prices the same so it came to personal preference. Unions had an effect but at the time all the large carriers had the presence of unions.
If only...Instead of overpaying for National, Pan Am could've underpaid for PSA to feed the west coast routes, Allegheny & Piedmont in the east, and Ozark for the middle.
I feel like Pan Am selling off a whole market was like Milwaukee Road selling off the Pacific Extension
I'm guessing we can't blame SAUNDERS on this.
Interesting take on the fall...Not to be nitpicking here but a couple of your place pronunciations were incorrect. Recheck "Heathrow" and "Barbados"... Plus you forgot the TV series Pan AM
The Gulf War.
I knew you talked about major railroads that went down under, along with some highly obscure airlines here and there, but I didn’t think you were ever gonna touch on Pan Am. But hey, I’m not complaining
i'm really liking this type of content! keep it up, darkness!
Great video Darkness, fascinating information on the fall of an iconic airline.
Sorry for commenting again but the term “complacency” sounded familiar. That’s what the Baldwin Locomotive Works felt during the transition era from steam to diesel locomotives.
I was born in 1985, and as a kid I can remember ashtrays in the arm rests
If they just left National alone, the maybe both airlines would still be around today
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