Air America
In 1951, the parent company of Air America's forerunner,
Civil Air Transport (CAT), was reorganized. The owner,
Claire Lee Chennault (of Flying Tigers fame), was
approached by the CIA, who bought out the company through
the American Airdale Corporation, a holding company based
in Delaware, a state that has long had favorable incorporation
laws. Under this agreement, CAT was allowed to keep its
initials and the company was reorganized as Civil Air
Transport, Inc. On 7 October 1957, American Airdale was
reorganized to add another layer of obfuscation to its
ownership. The new Pacific Corporation became a holding
company for:
- Air America
- Air Asia Company
- Bird and Sons (Bird Air)
- Civil Air Transport
- Intermountain Aviation
- Robinson Brothers
- Southern Air Transport
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