The 80's
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 The 80's
 
 
National's success was its downfall, as all of its aircraft and equipment were paid for. A bidding war began over the takeover of National's system. In 1980 Pan American World Airways acquired National Airlines and operated its routes. Deregulation was passed and suddenly Pan American was debt ridden -- this was the beginning of an eleven year downslide. The airline that was synonymous with aviation for over 60 years succumbed to years of crushing financial pressures and ceased operations in 1991.
 
 
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Of the 80's