Pan Am stopped flying in 1991, but the name refuses to die. A 1996 revival merged into Carnival Airlines within two years; a second attempt lasted from 1998 to 2004; a fourth folded in 2014. Now a group of investors is trying again — and this time the plan starts with winning over the FAA.

The project took shape in mid-2025, when a series of tribute charter flights put the Pan Am name back in the skies aboard all-business-class Boeing 757s. During those charters, aircraft investor Avi8 Air Capital teamed up with Pan American Global Holdings, which owns the brand, to test whether a full relaunch made sense. By October 2025, the new company had filed for Part 121 certification — the FAA's toughest regulatory tier, covering scheduled carriers and charter operators flying large aircraft.

Getting certified is neither quick nor cheap. The FAA will comb through manuals, maintenance programs, crew training plans, dispatch procedures and dangerous-goods protocols, then follow up with on-site checks and proving runs. The process can stretch from months to years, a serious burden for a startup with no revenue. Still, the pieces are coming together: the airline will be headquartered in Miami, fly Airbus narrowbodies (the A220-300 is the first choice, with used A320-200s as a fallback), and has signed deals with Amadeus for IT and distribution, Avengers Flight Group for simulator training, and Airbus for its SkyWise digital suite. CEO Ed Wegel has also said he wants A320neos eventually, once supply and engine problems ease.

Notably, the new Pan Am won't launch as a scheduled airline at all. It plans to run charters aimed mainly at Latin America, with three cabins on narrowbodies — likely economy, extra-legroom seating and a domestic-style first class — before adding scheduled services and, eventually, widebodies. In the meantime, the company is selling a 19-day all-inclusive Africa tour for June 2027 on a business-class-only 757-200 operated by Icelandair, which conveniently doesn't depend on FAA approval.

The wider ambition looks more like a luxury lifestyle brand than a conventional carrier. A 'Pan Am Journeys' subbrand has opened bookings for a golf-themed trip to Ireland in September 2027, and the company has chartered Holland America's Zuiderdam for an October 2027 Caribbean sailing that retraces the original airline's flying-boat routes. There's also a 'Pan Am Hotel' planned at the Citadel Outlets near Los Angeles, themed around the airline's mid-century heyday, with two restaurants and a fitness centre, slated for late 2026.

The big question is whether nostalgia sells seats. Delta and United dominate US premium travel because of their scale, schedules and loyalty programs — assets the new Pan Am has none of. Its best bet may be staying in the high-end charter niche where the name still carries real romance, rather than taking on giants head-on. For travellers, though, the upcoming Journeys trips could be a genuinely fun way to fly a famous name one more time.