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Russell L Jr Ray

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BUSINESS
January 26, 1992 | JESUS SANCHEZ, TIMES STAFF WRITER
Russell L. Ray Jr. was prepared to breathe new life into ailing Pan American World Airways when he was hired as airline president last October. Two tumultuous months later, however, the 56-year-old Los Angeles native and former Douglas Aircraft executive oversaw the death of Pan Am. And earlier this month, Ray lost his job as president of the bankrupt shell that had once been the nation's premier international airline. Ray had been president of Pan Am for 100 frantic and frustrating days.
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BUSINESS
January 26, 1992 | JESUS SANCHEZ, TIMES STAFF WRITER
Russell L. Ray Jr. was prepared to breathe new life into ailing Pan American World Airways when he was hired as airline president last October. Two tumultuous months later, however, the 56-year-old Los Angeles native and former Douglas Aircraft executive oversaw the death of Pan Am. And earlier this month, Ray lost his job as president of the bankrupt shell that had once been the nation's premier international airline. Ray had been president of Pan Am for 100 frantic and frustrating days.
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BUSINESS
September 21, 1991 | JESUS SANCHEZ, TIMES STAFF WRITER
Russell L. Ray Jr., a Los Angeles aerospace executive and the former head of defunct Pacific Southwest Airlines, Friday was named president and chief executive of Pan American World Airways. Ray, 56, succeeds Thomas G. Plaskett, who agreed to resign in exchange for a $1.25-million severence payment. Plaskett, who joined Pan Am as chairman in 1988 and orchestrated the sale of most of the airline's routes, however, will remain chairman until the end of the year.
BUSINESS
September 21, 1991 | JESUS SANCHEZ, TIMES STAFF WRITER
Russell L. Ray Jr., a Los Angeles aerospace executive and the former head of defunct Pacific Southwest Airlines, Friday was named president and chief executive of Pan American World Airways. Ray, 56, succeeds Thomas G. Plaskett, who agreed to resign in exchange for a $1.25-million severence payment. Plaskett, who joined Pan Am as chairman in 1988 and orchestrated the sale of most of the airline's routes, however, will remain chairman until the end of the year.
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