The suspicious pilot had personally searched the two men before the takeoff from Amsterdam, but once the Pan American 747 was aloft they pulled pistols from crotch holsters and announced that they were hijacking the plane on behalf of the Popular Front for the Liberation of Palestine. They ordered the plane to Cairo and eventually blew it up. That was in September 1970. While worrying about the series of Arab hijackings, Pan American also had a more mundane problem: Who was going to pay for its $24,288,759 plane? Was the 747 covered by the regular "all-risk" insurance issued by a group...
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