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September 10, 1987

Pan Am Corp., New York, made three executive appointments at the holding company and chief subsidiary, Pan Am World Airways. C. J. David Davies was promoted to senior vice president-treasurer and chief financial officer of Pan American World Airways. His previous title was vice president and treasurer. At the same time, Laurence K. Billett was elected senior vice president-corporate finance of Pan Am Corp. Also, John P. McCaffrey, formerly system director-industry and government affairs for Pan Am, was named vice president-industry affairs of the carrier, with responsibility for regulatory and governmental affairs.

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