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Pan Am Corp - 1980's-90's dated Holding Company for Pan American Airways Stock Certificate

Inv# VS1007   Stock
State(s): Delaware
Years: 1980's-90's
Color: Blue and Black

Aviation Stock. Female figure in clouds. Lathe work block at right. Scarce type!!! In September 1984, Pan American World Airways created a holding company called Pan Am Corporation to assume ownership and control of the airline and the services division.

Pan American World Airways, initially established as Pan American Airways and widely recognized as Pan Am, served as the primary and largest international air carrier and the de facto flag carrier of the United States from its inception in 1927 until its dissolution on December 4, 1991. The airline commenced operations in 1927, providing scheduled airmail and passenger services between Key West, Florida, and Havana, Cuba. Pan Am is renowned for numerous innovations that significantly influenced the global airline industry, such as the adoption of jet aircraft, jumbo jets, and computerized reservation systems. Additionally, it was a founding member of the International Air Transport Association (IATA), the worldwide association for the airline industry.

Pan American Airways, Incorporated (PAA) was established as a shell corporation on March 14, 1927, by Air Corps Majors Henry H. "Hap" Arnold, Carl A. Spaatz, and John H. Jouett. This initiative was intended to counter the influence of the German-owned Colombian airline SCADTA, which had been operating in Colombia since 1920. SCADTA actively sought landing rights in the Panama Canal Zone, ostensibly to explore air routes for a connection to the United States, a move that the Air Corps perceived as a potential German aerial threat to the canal. In response, Arnold and Spaatz drafted the prospectus for Pan American when SCADTA engaged a Delaware-based company to secure airmail contracts from the U.S. government. Although Pan American successfully acquired the U.S. mail delivery contract to Cuba, it faced challenges due to the absence of aircraft and the lack of landing rights in Cuba.

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $9.50