Pan Am Systems

Pan Am logo, as used by Pan Am Systems.

Pan Am Systems (formerly Guilford Transportation Industries) is a privately held company that controls the following divisions: freight rail; manufacturing and energy; transportation related brands; real estate; and a now-defunct airline division.

History

Guilford Transportation Industries logo.

Guilford Transportation Industries was formed in 1977.^[1] GTI purchased the name, colors, and logo of Pan American World Airways in 1998. In March 2006, GTI changed its name to Pan Am Systems.

Pan Am Systems is privately owned by Timothy Mellon, an heir to the Mellon banking fortune in Pittsburgh, Pennsylvania, and several other stakeholders.

Divisions

Air

• Pan American Airways, the defunct fully certified airline, which was relinquished on November 1, 2004.
  • Boston-Maine Airways/Pan Am Clipper Connection, the formerly certified airline, which operated charter and scheduled passenger airline services between the northeastern United States and Florida and the Caribbean under the Pan Am Clipper Connection brand. In February 2008 the U.S. Department of Transportation proposed the revocation of Boston-Maine's air carrier certification, as it "is not financially fit and does not possess the managerial competence to conduct any air transportation operations and has failed to comply with the regulations governing its operations." ^[2] Services ended February 29, 2008.

• Pan Am Services, originally an aircraft service and support center, now a dealer of aircraft spare parts.^[3]
  • Facilities in Dover, New Hampshire and Portsmouth, New Hampshire.

Manufacturing and energy

• Perma Treat Corporation, manufacturer of railroad ties and other pressure-treated wood products.^[1]
  • Facilities in Mattawamkeag, Maine and Durham, Connecticut.

• Aroostook & Bangor Resources, Inc., recycles used railroad ties to generate electricity.^[4]
  • Facilities in Mattawamkeag, Maine.

Rail

Pan Am Railways (formerly Guilford Rail System), a regional freight railroad network that covers most of northern New England. Subsidiaries that make up the Pan Am Railways network:

• Boston and Maine Corporation
• Maine Central Railroad
• Portland Terminal Company
• Springfield Terminal Railway

• Pan Am Systems owns 50% of Pan Am Southern, a joint venture of Pan Am Railways and Norfolk Southern Railway.

Real estate

• NorthPoint, a mixed-use development in Cambridge, Massachusetts.

Transportation-related brands

• Pan Am One, distributor of consumer goods bearing the Pan Am logo.^[5]

See also

• Carnival Airlines

References

External links

• Pan Am Clipper Connection (redirects to Pan Am Services)
• Pan Am One
• Pan Am Railways
• Pan Am Services
• NorthPoint

v • d • e Airline holding companies of the United States Current AirTran Holdings  • Alaska Air Group  • AMR Corporation  • Global Aviation Holdings  • Hawaiian Holdings  • Mesa Air Group  • Pinnacle Airlines Corp.  • Republic Airways Holdings  • SkyWest, Inc.  • Trans States Holdings • UAL Corporation  • US Airways Group Former Amtran  • America West Holdings  • Icahn & Co.  • Frontier Airlines Holdings  • MAIR Holdings  • Midwest Air Group  • Metro Airlines  • Northwest Airlines Corporation  • Pan Am Corporation • Pan Am Systems  • Texas Air Corporation  • Trans World Corporation  • TPG Capital  • Transamerica Corporation See also: List of airline holding companies