Pan Am International Flight Academy, the last remaining vestige of the original Pan American World Airways, is now a subsidiary of All Nippon Airways after the Japanese airline bought the training provider for $139.5 million.
The companies said the deal forges “a strong partnership” to meet increasing demand for pilot training worldwide. Pan Am is one of the world’s largest independent flight simulation and aviation training providers with the second largest number of simulators used for airline training. It will retain the Pan Am name, the companies said.
