An investor group announced in March that it has acquired the trademarks for Eastern Airlines and plans to launch a new carrier with that name.
But before they do, they may want to consider what happened to Pan Am. Because after 64 years, the storied Pan Am brand ended up not in the skies but on the rails.
The brand was sold off after the original Pan Am’s bankruptcy in 1991. In 1996, the blue Pan Am globe was flying once again on a single A300 christened the Clipper Fair Wind. But the second Pan Am didn’t last long; after a star-crossed merger with Carnival Air Lines, another Pan Am followed the first into bankruptcy. Read more