Classifier Instance:

Anchor text: Pan American World Airways
Target Entity: Pan_American_World_Airways
Preceding Context: The first airline alliance started in the 1930s, Air New Zealand and parent company
Succeeding Context: agreed to exchange routes to Latin America. The first large alliance started in 1989, when Northwest Airlines and KLM Royal Dutch Airlines agreed to code sharing on a large scale. A huge step was taken in 1992 when The Netherlands signed the first open skies agreement with the United States, in spite of objections from the European Union authorities. This gave both countries unrestricted landing rights on each others' soil. Normally landing rights are granted for a fixed number of flights per week to a fixed destination. Each adjustment takes negotiating, often between governments rather than between the companies involved. The United States was so pleased with the independent position that the Dutch took versus the E.U. that it granted antitrust immunity to the alliance between Northwest and KLM. Other alliances would struggle for years to overcome transnational barriers or still do so.
Paragraph Title: History
Source Page: Airline alliance

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