The airline was founded by Munich-based tour operator Paneuropa in 1968 as Panair and started operations on January 1, 1970. After commencing leisure operations within Europe using their new BAC 1-11-515FBs, Paninternational rapidly acquired two Boeing 707-120B pre-owned by American Airlines to expand into long-haul flights.
It ceased operations already on October 6, 1971 in the aftermath of the accident of Flight 112, which gained large media attention and negative publicity.
Fleet
Paninternational operated the following aircraft:[1][2]
Paninternational Flight 112: On September 6, 1971, a BAC 1-11-515FB (registered D-ALAR) was lost when it crash-landed on a highway shortly after takeoff from Hamburg Airport on its way to Málaga. 22 passengers and crew were killed in the incident, caused by an unintentional filling of the aircraft's engine water injection system with jet fuel which led to a failure of both engines.[3]