In the early 1960s, Juan Trippe was focused on finding a way to bring those flying private aircraft into the Pan Am system. He set forth and developed The Pan Am Business Jets Division, in which he outlined the specifications for a small corporate jet. The Pan Am Business Jets were marketed to corporations as an economical alternative for frequent flying corporate businessmen. Rather than a company invest in a private jet, businesses could lease them. It also provided airline service when routes were non-existent, or schedules were inconvenient. When businesses needed to place executives anywhere in the world, and Pan Am’s commercial service was unavailable, high value business travelers could still experience Pan Am’s service while using the airline’s aircraft and airports. Partnering with French aviation company, D'Assault, Pan Am Business Jets Division helped to create the Fan Jet Falcon 20 & 50 models. A small aircraft with the new General Electric CF700-2D-2 turbofan engines, luxurious accommodations and dual rear-wheel landing gear like the airline’s commercial aircraft sparking the era of the corporate jet.