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Monday February 28, 11:06 am Eastern Time

Company Press Release

ADVISORY/ Pan American Airways First Flight From Bangor Ready for Take-Off On March 1, 2000

News Conference at 8:30AM at Bangor International Airport -- Pittsburgh & Boston Service to be Announced

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Feb. 28, 2000-- New Hampshire News Availability in Portsmouth at 10:45AM

Federal, state, city and airport officials from Bangor, Maine will join officials of Pan American Airways to conduct a news conference and ceremonial ribbon cutting to celebrate Pan Am's maiden flight from Bangor International Airport on Wednesday March 1, 2000 at 8:30AM. The news event will take place on the second floor of Bangor International Airport's domestic terminal.

Scheduled passenger service between Bangor, Sanford/Orlando, FL and Portsmouth, NH will begin on March 1, 2000, with Flight No. 81 scheduled to depart at 9:40AM.

Pan Am will use the occasion of this first flight to detail Pittsburgh, PA service from Bangor, which will begin in May, as well as a Boston connection through a Portsmouth bus shuttle, which will begin in March. Schedules will be announced.

New Hampshire news availability will be held at 10:45AM, when the Bangor flight arrives at Portsmouth. Pan Am officials will be available to answer questions about the new Bangor service, and to give details of Pittsburgh and Boston connections.

Summary 1:  News Conference

What:        News Conference: Pan American Airways first flight from
             Bangor

When:        Wednesday March 1, 2000 at 8:30 AM

Where:       Bangor International Airport, second floor domestic
             passenger terminal

Contacts:    Pan Am: Dan Fortnam, Pan Am's Vice President of Marketing,
             or John Nadolny, Pan Am's Senior Vice President,
             (603) 766-2000
             Bangor International Airport: Jeff Russell,
             (207) 747-0384


Summary 2:  New Hampshire News Availability

What:        News Availability: Pan American Airways first flight from
             Bangor

When:        Wednesday March 1, 2000 at 10:45AM - upon arrival of
             flight

Where:       Portsmouth/Pease passenger terminal--arrival gate

Contacts:    Dan Fortnam, Pan Am's Vice President of Marketing, or
             John Nadolny, Pan Am's Senior Vice President,
             (603) 766-2000