DESK 2 — FILE OPEN
FOLDER P-1204CASE #1991-1204SHELF 4 / ROW C
CLOSED
BUREAU OF COMMERCIAL DEATHS
DIVISION OF COLD CASES / FORM 41-D / DEATH OF A GOING CONCERN
CASE NUMBER
CASE #1991-1204
SUBJECT
PAN AMERICAN WORLD AIRWAYS
DATE OPENED
1927 — Key West, Florida
DATE CLOSED
December 4, 1991
KNOWN ALIASES
PN (NYSE); Pan Am
INVESTIGATOR
Det. Redact
CAUSE OF DEATH
Deregulation, fuel, and the sale of every profitable route in order to service debt.
PEAK VALUATION
In excess of 20,000,000 passengers annually (1970s)
ASSETS RECOVERED
Remaining routes to Delta; terminal demolished 2013
CLASSIFICATION — MARK ONE
FRAUD
NEGLIGENCE
HUBRIS
✕MARKET FORCES
UNKNOWN
EVIDENCE SUMMARY
Subject sold its Pacific division in 1985 and its London authority in 1990, retaining its headquarters building and its name.
Subject had no domestic network to feed its international routes and could not build one in time.
Final flight departed Bridgetown for Miami. Cabin crew conducted a service of their own devising.
Remainder of statement sealed:
FILED BY Det. Redact · BADGE 0001NO FURTHER ACTION AUTHORIZED
PROPERTY OF THE BUREAUDO NOT REMOVE FROM ROOM 0114
MARGIN NOTE — INVESTIGATING OFFICER
I have the manifest of the last flight. There is no investigative reason to keep it. I keep it.
Sold the routes. Kept the sign.
EVIDENCE TAG
ITEM P-1204
SUBJECT PAN AMERICAN WORLD AIRWAYS
RECEIVED 1991
CONDITION AS FOUND
SUBJECT PAN AMERICAN WORLD AIRWAYS
RECEIVED 1991
CONDITION AS FOUND