AIRLINES: Pan Am Changes Pilots

None of us can have real job security unless we are part of a successful and growing business. Security, real security, can only come from convincing our customers of our ability and our dedication to first-rate service.

THAT tape-recorded inspiration from Najeeb Halaby, their chairman and chief executive, could still be heard until late last week by Pan American World Airways employees who dialed 937-3200 in New York City. Even as they pondered those words, Halaby's own job security ran out. After Pan Am had suffered more than $100 million in losses during his 27-month stewardship, the directors pulled out...

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