Description: Those frequent-flyer programs that give regular airline passengers a chance to win free or reduced flights on their favorite airline are favorites of passengers and airlines alike. While the passengers get the freebies, the airlines say the programs encourage passenger loyalty and generate some ticket revenue the carriers might not have received otherwise.But not all airlines are wild about the frequent-flyer deals. Pan American World Airways last week blamed part of its $49.8 million second-quarter loss on its WorldPass frequent-flyer program, saying that so many travelers flew free on Pan Am this past spring that they crowded out paying passengers who might have given the troubled airline some revenue. Other airlines generally reported profits for the quarter.Airline industry sources and analysts say Pam Am's frequent-flyer problem was unique, the result of the airline setting a deadline for use of the coupons that coincided with the beginning of the airline's peak summer season. "They did it to themselves," says an executive of a competitor. Pan Am itself admits it may have made a mistake.Pan American World Airways, originally founded as Pan American Airways and commonly known as Pan Am, was the principal and largest international air carrier and unofficial flag carrier of the United States from 1927 until its collapse on December 4, 1991. It was founded in 1927 as a scheduled air mail and passenger service operating between Key West, Florida, and Havana, Cuba. The airline is credited for many innovations that shaped the international airline industry, including the widespread use of jet aircraft, jumbo jets, and computerized reservation systems. It was also a founding member of the International Air Transport Association (IATA), the global airline industry association.[3]Identified by its blue globe logo ("The Blue Meatball"), the use of the word "Clipper" in its aircraft names and call signs, and the white uniform caps of its pilots, the airline was a cultural icon of the 20th century. In an era dominated by flag carriers that were wholly or majority government-owned, it was also the unofficial overseas flag carrier of the United States. During most of the jet era, Pan Am's flagship terminal was the Worldportlocated at John F. Kennedy International Airport in New York City.
Price: 230 USD
Location: Brooklyn, New York
End Time: 2023-12-01T22:18:41.000Z
Shipping Cost: N/A USD
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Item Specifics
Restocking Fee: No
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Return shipping will be paid by: Buyer
Color: Blue with Blue Logo
Type: Badges & Pins
Airline: Pan Am
