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Shah Of Iran And Pan Am  
User currently offlineDETA737 From Portugal, joined Oct 2000, 612 posts, RR: 0
Posted (12 years 9 months 5 days 18 hours ago) and read 3256 times:

I remember reading in some business magazine from the 70s, perhaps financial times about the Shah of Iran's investments in US companies. It mentioned his financial stakes in all sorts of US corporations including Pan Am. Supposedely he wanted to purchase a large share of the airline but wasn't allowed to.

4 replies: All unread, jump to last
 
User currently offlineDell_dude From , joined Dec 1969, posts, RR:
Reply 1, posted (12 years 9 months 5 days 17 hours ago) and read 3206 times:

That's probably true. I remember that in 1995 a Saudi Prince invested a large sum of money in TWA. That's also around the time TWA started service into Riyadh.

User currently offlineTOMASKEMPNER From Mexico, joined May 2001, 389 posts, RR: 1
Reply 2, posted (12 years 9 months 5 days 16 hours ago) and read 3182 times:

I also heard that the Shah of Iran was a potential buyer for the Concorde.

User currently offlineCV990 From , joined Dec 1969, posts, RR:
Reply 3, posted (12 years 9 months 5 days 9 hours ago) and read 3149 times:


Hi!
I think that had to do with IRAN AIR back-up given probably by PAN AM. Please don't forget that some aircrafts from IRAN AIR where ex: PAN AM look at this:

EP-IRJ - B.707-321BA ex: N416PA Clipper Paul Jones
EP-IRK - B.707-321CF ex: N445PA Clipper Archer

Also I know that the Shah of Persia had a personal B. 707-386C - EP-HIM, had a great livery I think but I've never seen a photo of that aircraft. Now is with IRIAF as 1001!
Regards


User currently offlineAerosol From Germany, joined Oct 2000, 559 posts, RR: 0
Reply 4, posted (12 years 9 months 5 days 9 hours ago) and read 3142 times:

Concerning foreign ownership in US airlines:
"Airlines still have to be substancially owned and effectively controlled by their own nationals even though minority ownership by foreign ownership by foreign individuals or companies may be permitted. In the United States the position is still that only up to 25 per cent of foreign ownership of its airlines may be allowed, despite the recommendation of the National Commission to go to 49%."
Taken from:
The airline business in the twenty first century



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