The Collapse of Pan Am | Overspending, Overselling, Bankruptcy | History in the Dark

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Pan American World Airways was originally founded on March 14, 1927 and over time rose to become one of the most dominant airlines in the world. They peaked in the late 1960's and in 1970 embraced the brand new Boeing 747 to kick off the era of widebody aircraft. But after this, they would encounter almost nothing but problems to which they would react by selling some of their most valuable assets and purchasing many useless things. ✈️Further Reading✈️ https://simpleflying.com/30-years-on-why-did-pan-am-declare-bankruptcy/ https://simpleflying.com/airline-deregulation-united-states/ https://inspireip.com/airline-collapse-lessons-from-bankruptcy-of-pan-am-airlines/ https://en.wikipedia.org/wiki/Pan_Am 🟢Join this channel to get access to perks: https://www.youtube.com/channel/UCsmGCJdCZeKxrbqs_l4YCQA/join 🟢Patreon - https://www.patreon.com/Darknessthecurse 🟣Discord - https://discord.gg/KEX5eeRcxF 🔵Facebook - https://www.facebook.com/History-in-the-Dark-109003305113711 🟢Donations - https://streamlabs.com/edgerabbit/tip 🔴Tiktok - https://www.tiktok.com/@historyinthedark 🟣Instagram - https://www.instagram.com/historyinthedark/ 🔵Twitter - http://www.twitter.com/DarktheCurse 🟣Merch - https://www.youtube.com/channel/UCsmGCJdCZeKxrbqs_l4YCQA/store 🟣Twitch - http://www.twitch.tv/edgerabbit Other channels: 🟢Prehistory in the Dark: https://www.youtube.com/channel/UCsbkaWQ4rUKMedsE0VCdzrg 🟣Gaming and Fanfic Readings: https://www.youtube.com/channel/UCig-6ZTjigUQBIi3O4XSdlw 🟣History Stuff: https://www.youtube.com/channel/UCsmGCJdCZeKxrbqs_l4YCQA 👔Merch: https://streamlabs.com/edgerabbit/merch --- I WRITE BOOKS! YOU CAN FIND THEM HERE: 📚Abyss: https://www.amazon.com/Abyss-Books-Pride-Book-1-ebook/dp/B07S9V1GRH 📚Pryde: https://www.amazon.com/gp/product/B08P6SZ6DB?notRedirectToSDP=1&ref_=dbs_mng_calw_1&storeType=ebooks 📚Abyss on Audible: https://www.amazon.com/hz/audible/mlp/mfpdp/B08TFDNMJH?ref=tmm_aud_title #aircraft #plane #truestory #documentary #corporate