PanAm was already on its way out before Lockerbie. Its entire business model was upended primarily by FAA route deregulation and upstarts like People Express, L

PanAm was already on its way out before Lockerbie. Its entire business model was upended primarily by FAA route deregulation and upstarts like People Express, Laker and SouthWest charging substantially less for the same routes they flew, and, secondarily, by the hub and spoke model (PanAm primarily flew huge jumbos that were designed for point-to-point-to-transatlantic routes).