Pan American Airways is a very solid carrier with deep pockets. The Guilford Transportation Company owns Pan Am, Boston Maine Airways, Pan American World Airways/Dominican Division and the Boston Maine Railroad, and the Main Central. Guilford also leases out Railroad track to Amtrack in the northeast corridor and ownes thousands of miles of freight track as well as passenger track. Timothy Mellon is one of Americas wealthiest American citizens. Pan Am currently operates Charter as well as commercial operations, Pan Am also does maintenence for commercial as well as military aircraft, Pan Am also has fuel farms and fuels aircraft of many of it's competors. Pan Am Cargo also delivers packeges for UPS to Martha's Vineyard, Nantucket and Cape Cod. Pan Am is currently building a training facility at it's Orlando/Sanford facility for pilots who need to maintain their hrs. Boston Maine Airways is about to complete a deal that will expand their fleet by another 19 aircraft bringing their total fleet to 29 JETSTREAM 31's. Pan Am has agreements with the US Goverment, FAA, and the State of Maryland, The airline is very well backed financially and is well diversified. Mark