Pan Am (1998–2004)

Pan American Airways
Founded	June 29, 1998
Commenced operations	October 7, 1999
Ceased operations	November 1, 2004
Fleet size	7
Parent company	Guilford Transportation Industries
Headquarters	Portsmouth, New Hampshire, U.S.
Key people	Timothy Mellon

Pan American Airways, also known as Pan Am III, was an American airline that operated scheduled services in the eastern United States, as well as charters for tour operators and services to the Dominican Republic and Puerto Rico.^[1] The carrier was established in 1998 from the ashes of Pan Am II, itself the successor to the original Pan Am airline, which had gone bankrupt in 1991.

History

The Pan Am brand was sold by the second incarnation of Pan American World Airways to New Hampshire-based Guilford Transportation Industries, a railroad company headed by Timothy Mellon.

After this transaction, a new airline was established on June 29, 1998. Guilford launched Pan American Airways with a fleet of seven Boeing 727-200s. This airline was nicknamed by some as Pan Am III. The third incarnation began scheduled operations on October 7, 1999, and flew to nine cities in New England, Florida, the Canadian Maritimes and Puerto Rico. The focus was on secondary airports such as Orlando Sanford International Airport, Pease International Airport and Worcester Regional Airport.

The new owners relocated the company headquarters from Fort Lauderdale to Portsmouth in December 1998.^[1]

Pan American later had cooperative service arrangements with Boston-Maine Airways, a feeder subsidiary incorporated by the airline in March 1999. Pan American also established in 2003 a subsidiary PAWA Dominicana, operating under a joint venture with Boston-Maine Airways.

Guilford ceased operating Pan Am on November 1, 2004, and its operations were transferred to Boston-Maine Airways which in turn operated Pan Am Clipper Connection service with Boeing 727-200 jetliners as well as with British Aerospace BAe Jetstream 31 and CASA C-212 Aviocar commuter turboprops.