Tail wind at Pan Am.

The article discusses the performance of U.S. carrier Pan American World Airways (Pan Am) as of July 1983, focusing on its earnings, assets, and passenger traffic during the first half of 1983, as well as wage cuts accepted by its employees. The impact of Pan Am's acquisition of National Airlines, personnel changes in the company's management, and its domestic and international flights are explored. Comments by Pan Am executives C. Edwards Acker, Jerry Gitner, and Martin Shugrue are included.