The story
PAN Air was established in 1987 and started operations in December 1988. The airline was formerly owned by TNT Express Spain. On 5 February 2016 ASL Aviation Group announced it had agreed to purchase PAN Air on the condition that FedEx takes over TNT Express. PAN Air was later renamed ASL Airlines Spain.
ASL Airlines Spain ceased operations in August 2018.
From Wikipedia’s article on ASL Airlines Spain, shared under CC BY-SA 4.0.4
