http://AviationExplorer.com - Pan American World Airways, commonly known as Pan Am, was the principal and largest international air carrier in the United States from 1927 until its collapse on December 4, 1991.
Acquisitions and divestitures...
1927: Pan American Airways, Atlantic, Gulf, and Caribbean Airways, and Aviation Corporation of America founded.
1928: All three precursor firms merge into Aviation Corporation of the Americas, with Pan American Airways as its brand.
1929: Mexicana of Mexico acquired by Pan Am.
1929: Pan American-Grace Airways (PANAGRA), operating on the west coast of South America, formed as a 50--50 joint venture with W. R. Grace and Company.
1930: New York, Rio, and Buenos Aires Line (NYRBA) acquired, allowing Pan Am to operate along the east coast of South America. NYRBA's Brazilian subsidiary is renamed Panair do Brasil.
1931: Majority control of SCADTA of Columbia acquired in secret.
1932: Cubana of Cuba acquired.
1933: China National Aviation Corporation (CNAC) acquired.
1937: CNAC merged with China Airways.
1940: Minority holders of SCADTA bought-out.
1940: Aerovías of Guatemala formed.
1941: SCADTA merged into SACO to form Avianca, owned by the Colombian government.
1943: Aerovías Venezolanas Sociedad Anónima (AVENSA) of Venezuela founded as a joint venture.
1944: Cuban investors acquire 56% of Cubana through a stock float.
1946: InterContinental, a chain of hotels, founded.
1949: Pan Am acquires a stake in Middle East Airlines (MEA), as well as a management contract.
1949: Pan Am's 20% stake in CNAC acquired by Chinese Nationalists, with assets split variously between the Nationalists and the People's Republic of China.
1950: American Overseas Airlines (AOA) acquired from American Airlines, with the combined firm renamed to "Pan American World Airways."
1954: Cuban government acquires Pan Am's remaining stake in Cubana.
1955: Pan Am's 49% stake in MEA is sold to British Overseas Airways Corporation (BOAC).
1959: Mexican government acquires Pan Am's stake in Mexicana and Aeroméxico.
1961: Brazilian government acquires Panair do Brasil.
1967: PANAGRA sold to Braniff International Airways.
1976: AVENSA stake divested to Venezuelan government.
1980: National Airlines acquired.
1980: Pan Am Building sold to MetLife.
1981: InterContinental sold to Grand Metropolitan.
1986: Pacific Division sold to United Airlines.
1989: Pan Am unsuccessfully attempts to buy Northwest Airlines.
1990: London Heathrow routes sold to United Airlines.
1990: Internal German Services Division sold to Lufthansa.
1991: Atlantic Division, Pan Am Shuttle, and New York City Worldport sold to Delta Air Lines.
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