pan am airlines went out of business on december 4, 1991.
pan am airlines went out of business on december 4, 1991.
when did pan am airlines go out of business?
december 4 , 1991
in 1987, pan am acquired ransome airlines, which was subsequently renamed pan am express and began operating under the banner and aircraft livery of "pan am". it fully concentrated on serving the jfk hub and also operated a second feeder network in europe, offering regional flights out of berlin tegel airport. pan am express also operated flights between los angeles (lax) and san diego (san) which were not linked to any other smaller destinations in the regional network. 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 transworld airlines and began operating the same system for twa from 5 dec 1991 until nov 1995 when twa shut down this operation. see: ransome airlines entry for more detail
pan am express
mistake fares' capacity for working depends on the willingness of companies to comply with the mistake fares when they are made. whether a mistake fare will be honored depends on the company as well as the laws and policies that a company has to adhere to. federal regulations created certain restrictions to an airline's ability to refuse to honor mistake fares. there has been efforts to change regulations, including by the department of transportation in 2015. such a change could pose a risk to the mistake fare industry if it allowed airlines to refuse such fares. however, the dot also requires that airlines reimburse you for any non-refundable plans related to the ticket and your travel. in the past, consumers were largely opposed to the act of taking advantage of mistake fares; in more recent years however, they have become significantly more okay with this. usa today writer christopher elliott noted the reason for this was that customers became more aware of certain practices done by airlines to, in the public perception, take as much money from consumers as possible. one argument on this situation is that the airlines employ a double standard. on one hand, branding consultant talaya waller argues that airlines take just as much advantage as consumers do, and are allowed to do so. on the other hand, website editor kyle stewart points out that a mistake made by the consumer is treated as the fault of the consumer's, but a mistake by an airline is not the fault of the airline. according to skift writer grant martin, airlines go to lengths in order to prevent mistake fares from spreading. one tactic for this including monitoring public forums for posts about mistake fares. as martin points out, the level of compliance a person may expect is based on the circumstances. for instance, some protections exist for standard flights with simple errors, while others - such as a mistake fare that was sold to residents of denmark which required all buyers to claim that they lived in denmark, do not.
mistake fare