Pan Am Files Reorganization Plan

THE JOURNAL RECORD, September 25, 1991 | Go to article overview

Pan Am Files Reorganization Plan


Pan Am Files Reorganization Plan NEW YORK _ Pan Am Corp. and its creditors filed a reorganization plan in bankruptcy court Tuesday, with Pan Am saying it faced a number of hurdles, including continued losses of substantial amounts of money. Pan Am's losses could conceivably force it to shut down before the reorganization plan is put into effect, the carrier said in its filing at U.S. Bankruptcy Court. Judge Cornelius Blackshear is scheduled to consider the plan at a hearing Oct. 24. "We recognize that there are roadblocks ahead, but we are working with Delta and the creditors committee to overcome them," Pan Am spokesman Jeffrey Kriendler said. Pan Am, which landed in Chapter 11 in January, has agreed to sell most of its assets to Delta Air Lines. It then hopes to move its headquarters from New York to Miami and operate as a small carrier that will be owned 45 percent by Delta and 55 percent by creditors, concentrating on service in Latin America and the Caribbean.

Biotechnology Company Revenues Jump SAN JOSE, Calif. _ Biotechnology companies saw record revenues of $5.8 billion in fiscal 1991, a 23 percent jump fueled by the world's growing appetite for manmade drugs, according to a report released Tuesday. "Watershed products came into their own (and) important new products broke through the FDA logjam," said the sixth annual biotechnology industry report by Ernst & Young, an accounting and consulting company. The U.S.

Food and Drug Administration, which regulates biotechnology products for use in people, plants and animals, approved 11 products in fiscal 1991, which ended June 30. That compares with 13 approvals during the prior eight years, and with 17 products expected to receive the go-ahead this year, Ernst & Young reported.

G. Steven Burrill, international director of high technology industry services for Ernst & Young, said biotechnology is reaping a financial harvest after years of laboratory and regulatory trials. Last year, revenues hit $4.7 billion. Burrill predicted a $50 billion industry by the year 2000.

Gasoline Prices Edge Up NEW YORK _ Gasoline prices posted a tiny gain this week, after two consecutive weekly falls, the American Automobile Association reported Tuesday. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Pan Am Files Reorganization Plan
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.