tu154
Posts: 334
Joined: Fri Dec 17, 2004 1:37 am

Attn. All Former Pan Am Employees

Thu Nov 30, 2006 12:51 pm

Monies secured in a settlement with Libya goes to 15,000 former PAA employees. If you were on the payroll at Pan Am on 04 December 1991 you should call: 877.813.3539.
Ask about the "Pan Am liquidation trust" and be sure they have your correct address on file. Cheques should be going out in January 2007.

It's hard to believe that after all these years we are still getting money from Pan Am. I only wish we were still getting regular pay cheques and still working for PAA!

cheers!

[Edited 2006-11-30 04:53:08]
FIRST ON THE ATLANTIC.....FIRST ON THE PACIFIC.....FIRST IN LATIN AMERICA...FIRST 'ROUND THE WORLD.....PAN AM!!
 
AirframeAS
Posts: 9811
Joined: Thu Feb 05, 2004 3:56 pm

Attn. All Former Pan Am Employees

Thu Nov 30, 2006 12:54 pm

Quoting Tu154 (Thread starter):
Monies secured in a settlement with Libya goes to 15,000 former PAA employees.

I thought the monies were going to the families that were affected by the PA103 tragedy, not the employees....
A Safe Flight Begins With Quality Maintenance On The Ground.
 
tu154
Posts: 334
Joined: Fri Dec 17, 2004 1:37 am

Attn. All Former Pan Am Employees

Thu Nov 30, 2006 12:58 pm

Quoting AirframeAS (Reply 1):
I thought the monies were going to the families that were affected by the PA103 tragedy, not the employees....

Yes this is true. Monies went to those affected by PA103, as well as creditors and the last bit to employees. To my understanding it is a small part of our severance package when PA went out of business. In effect, after all were payed, whatever was left over went to the former employees. Hey, it's something right?
FIRST ON THE ATLANTIC.....FIRST ON THE PACIFIC.....FIRST IN LATIN AMERICA...FIRST 'ROUND THE WORLD.....PAN AM!!
 
AirframeAS
Posts: 9811
Joined: Thu Feb 05, 2004 3:56 pm

Attn. All Former Pan Am Employees

Thu Nov 30, 2006 1:10 pm

Quoting Tu154 (Reply 2):
Hey, it's something right?

Yeah it is something, of course. Now let me ask: Now that PA is gone, defunct or however you want to call it.... who is managing the monies to prevent fraud and whatnot?
A Safe Flight Begins With Quality Maintenance On The Ground.
 
User avatar
kc135topboom
Posts: 11002
Joined: Sun Jan 30, 2005 2:26 am

Attn. All Former Pan Am Employees

Thu Nov 30, 2006 1:13 pm

Yeah, you'll get pennies on the dollar. Don't count on all you are owed, the creditors get the biggest share, then the families of PA-103, employees and former employees get what ever is left.
 
TinkerBelle
Posts: 1436
Joined: Tue Sep 27, 2005 7:46 am

Attn. All Former Pan Am Employees

Thu Nov 30, 2006 9:48 pm

Quoting KC135TopBoom (Reply 4):
Yeah, you'll get pennies on the dollar. Don't count on all you are owed, the creditors get the biggest share, then the families of PA-103, employees and former employees get what ever is left.

You forgot the freaking lawyers.
If you are going through hell, keep going.
 
flysherwood
Posts: 881
Joined: Thu Jul 20, 2006 2:58 am

Attn. All Former Pan Am Employees

Fri Dec 01, 2006 1:51 am

Quoting TinkerBelle (Reply 5):
You forgot the freaking lawyers

And how much would you get without the lawyers?
 
acvitale
Posts: 1911
Joined: Sat Aug 18, 2001 8:25 am

Attn. All Former Pan Am Employees

Fri Dec 01, 2006 5:07 am

Thank You. Some of us appreciate this information.

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