Editing Pan Am (section)

====Fallout from 1990–91 Persian Gulf War====
The [[Gulf War|first Gulf War]] triggered by the Iraqi [[invasion of Kuwait]] on August 2, 1990, caused fuel prices to rise, which severely depressed global economic activity. This in turn caused a sharp contraction of worldwide air travel demand, plunging once profitable operations, including Pan Am's prime transatlantic routes, into steep losses. These unforeseen events constituted a further major blow to Pan Am, which was still reeling from the 1988 [[Pan Am Flight 103|Lockerbie disaster]]. To shore up its finances, Pan Am sold most of its routes serving London Heathrow – arguably Pan Am's most important international destination – to United Airlines with two Boeing 747s.<ref>Delta questions United / Pan Am deal ''[[Flight International]]'' January 2, 1991 page 5</ref> This left Pan Am with only two daily London flights, serving Detroit and Miami, which both used [[Gatwick Airport|Gatwick]] as their London terminal from the start of the 1990/91 winter timetable. Further asset disposals included Pan Am's sale of its IGS routes to Berlin to [[Lufthansa]] for {{FXConvert|USA|150|m|year=1990|index=US-GDP|cursign=$|showdate=no}}, which became effective at the same time and brought the total value of asset disposals to {{FXConvert|USA|1.2|b|year=1990|index=US-GDP|cursign=$|showdate=no}}.<ref name="National_disaster"/><ref>[http://www.flightglobal.com/PDFArchive/View/1990/1990%20-%203338.html ''Berlin Return boosts Lufthansa’s bid for Interflug''] {{Webarchive|url=https://web.archive.org/web/20120112125715/http://www.flightglobal.com/pdfarchive/view/1990/1990%20-%203338.html |date=January 12, 2012 }}, ''Flight International'', November 7–13, 1990, p. 10</ref> These measures were accompanied by the elimination of 2,500 jobs (8.6% of its workforce). These cutbacks were announced by the airline in September 1990.<ref>{{cite news|url=https://www.nytimes.com/1990/09/20/business/pan-am-to-eliminate-2500-jobs.html|title=Pan Am to Eliminate 2,500 Jobs|work=The New York Times|access-date=June 1, 2009|date=September 20, 1990|last=Weiner|first=Eric}}</ref>