"Forgive me if I may be off a year or so one way or the other but it matters little...I started working for KW
in 1995 and was out of work with them by 1998 - a few months after Pan Am 2 "took over" - and PA2 was only about 1 year old at that point. That makes it the "late 1990's" as I stated earlier.
As for not agreeing with my position, that's fine however, I stick to my assertion that resurrecting Pan Am was ill-advised. The KW
/PA2 "merger" was simply KW
paying PA2 a bunch of money for KW
to take over PA's name and PA to run it. It was doomed from the start but then again, so was PA2. When Shugrue spouted off (at the first flight) "This isn't K-Mart, this is Tiffiny's" and the consistantly dropped service levels to the point that it was lower than K-Mart, that is what I consider to be "ill-advised".
While I agree the latest incarnation of PA has been nothing less than horrific, I stick by my assertions that PA II
had a good business plan led by highly qualified mangement.
I'd also like to add that 2 other major contributors leading to the demise Pan American World Airways was the lack of CAB support (due in part to the company's reluctance to pay off the right people at certain times including politically) to gain route authority (specifically domestic) and the lack of proper management to guide the carrier just prior and into deregulation including the purchase of National Airlines and the establishment of a suitable domestic feeder system. Coupled with the reasons you stated above....it all spelled the end of an aviation era.
And while I would hate to see the name tarnished with would-be pseudo Pan Am's.....it's sometimes nice to see the meatball flying in every now and then.