July 18, 1996 |
Pan Am, Carnival Agree to Merge: The agreement "means that we get to do some of the things we described in our Pan Am plan a lot sooner," Pan Am President Martin Shugrue said. Miami-based Pan American World Airways, the start-up carrier that bought the name of the former Pan Am, has three planes and plans to fly initially to New York, Los Angeles and Miami. It is awaiting approval from government regulators to begin flights later this summer.
March 22, 1997 |
Pan American World Airways and privately held Carnival Air announced a merger in a deal that would give Carnival's billionaire owner Micky Arison a 42% stake in Pan Am. Arison is kicking in $30 million for the controlling stake and would put Pan Am's famous blue-globe logo on Carnival Air's larger fleet. Pan Am also would issue $30 million in new stock to create a $60-million fund to refurbish Carnival Air's jets, buy a leased Miami headquarters and probably buy more jets.
February 26, 1997
Nine small airlines have formed a lobbying group, the Air Carrier Assn. of America, to fight what they call unfair competition by the major carriers. The ACAA will represent its members on issues in Congress and at the regulatory agencies, said Ed Faberman, counsel for the trade group in Washington. Members of the group include Frontier Airlines, Reno Air, ValuJet, Arrow Air, AirTran Airways, Carnival Air Lines, Spirit Air Lines, Sun Jet International and Laker Airways. The major U.S.
July 3, 1994
Carnival Air Lines has begun offering passengers first-class upgrades on its daily flights between Miami and Los Angeles for $99 each way. The offer is available only on a stand-by basis at the ticket counter and is based on availability. Tourist fares on this route start at $209 each way. First-class fares usually range from $539 to $1,180; Carnival planes have 18 first-class seats.
September 27, 1997
Chula Vista-based Rohr Inc. said a lawsuit seeking class-action status was filed against the firm, the members of its board and BF Goodrich Co. arising out of the recently announced merger agreement between the companies. . . . Stockholders of Pan Am Corp., a new airline with a venerated name, voted their approval of the carrier's $62-million acquisition of Carnival Air Lines Inc. . . . Lucent Technologies Inc.'s $1.8-billion purchase of Octel Communications Corp.
January 1, 1995
Carnival Air Lines will debut the only nonstop service between Los Angeles International Airport and Fort Lauderdale-Hollywood International Airport in Florida on Jan. 19. Introductory fares start at $199 each way. Stand-by first-class upgrades are $99 if available at check-in. Flights, operating daily except Tuesdays and Wednesdays, will depart Los Angeles at 11 p.m., arriving in Fort Lauderdale at 7 the following morning. Flights from Fort Lauderdale to Los Angeles will depart at 12:30 p.m.