I have had the unusual opportunity to work for all three incarnations of Pan Am from the original, to the carrier that bought out Carnival Air Lines and then came out of bankruptcy as Pan Am III. Tim Mellon (the owner of PA3) is a good man and decent to work for and the airline as a whole, for a small carrier, wasn't too bad to work for. Passengers always used to come up to me in the terminal and relate stories about their experiences with the original "real" Pan Am. It was heartening, being from the original airline, to see the "blue ball" launch so many happy memories for passengers.
DAMN! This SUCKS! I just had to go to the next higher age bracket in my profile! :-(