Those posts were pruned off into another thread that now resides in Jetblast where the question can be answered at length.
As to PANAM, the owner of the airline had a part in these decisions and I think therefore has proven that he is unfit to run an airline and should have his DOT authority revoked. I feel bad for the other employees, but this is an airline that should NOT be operating as a result of these decisions.
Cheers
Wino