Editing Pan Am (section)

====Fleet restructuring====
Despite Pan Am's precarious financial situation, in the summer of 1984, Acker went ahead with an order for new Airbus models in wide-body and narrow-bodied aircraft, becoming the second American company to order Airbus aircraft, after Eastern Air Lines.<ref>{{cite news|title=Pan Am to spend $1 billion for new planes|url=https://news.google.com/newspapers?nid=1346&dat=19840915&id=6DROAAAAIBAJ&pg=4641,6053209|access-date=October 12, 2012|newspaper=[[Lakeland Ledger]]|date=September 15, 1984|agency=[[The New York Times Company]]}}</ref> These advanced aircraft, economically and operationally superior to the 747s and 727s Pan Am operated at the time, were intended to make the airline more competitive. In 1985, new A310-221s began replacing 727s on the Internal German Services (IGS) and A300s flew in the Caribbean networks later that year. From early 1986, additional new longer range A310-222s replaced some of the 747s on the slimmed-down transatlantic network following [[ETOPS]] certification (approval by the [[Federal Aviation Administration]] (FAA) of transoceanic flying with twin-engined aircraft). The first A310 ETOPS transatlantic route was [[John F. Kennedy International Airport|New York-JFK]] to [[Hamburg Airport|Hamburg]], [[Detroit Metropolitan Airport|Detroit]] to [[Heathrow Airport|London]] followed shortly after that. Pan Am's decision not to take delivery of the A320s and to sell its delivery positions to Braniff meant that the majority of its short-haul US domestic and European feeder routes, and most of its IGS services, continued to be flown with obsolete 727s until the airline's demise. This put Pan Am at a disadvantage against rivals operating state-of-the-art aircraft with greater passenger appeal.<ref name="National_disaster"/> In September 1984, Pan American World Airways created a holding company called ''Pan Am Corporation'' to assume ownership and control of the airline and the services division.

{{Multiple images
| align             = right
| direction         = vertical
| width             = 250
| image1            = Boeing 747SP-21, Pan Am JP5893131.jpg
| caption1          = The [[Boeing 747SP-21]] "Clipper Constitution" on July 1, 1976 at Los Angeles International Airport.
| image2            = United Boeing 747SP Maiwald.jpg
| caption2          = A Boeing 747SP-21 Landing at Los Angeles International Airport in 1990.
}}
{{Multiple image
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| direction         = vertical
| width             = 250
| image1            = Lockheed L-1011-385-3 TriStar 500, Pan American World Airways - Pan Am AN1139713.jpg
| caption1          = The [[L-1011-500]] "Clipper [[Golden Eagle]]" in 1984.
| image2            = United Airlines Lockheed L-1011 TriStar 500 (??) (10265800834).jpg
| caption2          = A Lockheed L-1011-500 of [[United Airlines]] after the sale of the Pan Am Pacific Division in 1985.
}}