PAIFA meaning in Business ?

Pan Am International Flight Academy (PAIFA) is an aviation school that specializes in training airlines, pilots and aviation professionals from around the world. It is the only remaining division of Pan American World Airways, which declared bankruptcy in January 1991 and shut down in December of that year. Under the terms of the bankruptcy, the flight academy was allowed to remain open independently. It is presently owned by the holding company of All Nippon Airways.

In 2017 Pan Am International Flight Academy was awarded the Corporate Achievement Award by the Greater Miami Aviation Association recognizing the contributions of the corporation to the aviation industry. Pan Am International Flight Academy, Denver, was awarded the Export Achievement Certificate by the Denver office of the U.S. Commercial Services Division, a branch of the U.S. Department of Commerce.