Collection of 4 Different Color Bonds dated 1970's - Pan American World Airways, Inc - Group of 4 Bonds
Inv# VB5012 Bond
Various Denomination Bonds. Collection of 4 different colors. Eagle vignette engraved by American Bank Note Co. Important to note that these bonds are much scarcer than the stocks! Great Collection of 4 Scarce Bonds.
Pan American World Airways, initially established as Pan American Airways and widely recognized as Pan Am, served as the foremost and largest international airline and the de facto flag carrier of the United States from its inception in 1927 until its dissolution on December 4, 1991. The airline commenced operations in 1927, providing scheduled airmail and passenger services between Key West, Florida, and Havana, Cuba. Pan Am is renowned for numerous innovations that significantly influenced the global airline industry, such as the adoption of jet aircraft, jumbo jets, and computerized reservation systems. Additionally, it was a founding member of the International Air Transport Association (IATA), the worldwide association for the airline sector.
Distinguished by its blue globe logo, often referred to as "The Blue Meatball," the incorporation of the term "Clipper" in its aircraft names and call signs, and the distinctive white uniform caps worn by its pilots, the airline became a cultural symbol of the 20th century. In a time when many flag carriers were entirely or predominantly government-owned, Pan Am also functioned as the unofficial international flag carrier of the United States. Throughout much of the jet age, the airline's primary terminal was the Worldport, situated at John F. Kennedy International Airport in New York City.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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