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Pan American Airways  Incorporated (  PAA  ) was founded as a shell company on March 14 1927 by Air Corps Majors Henry H. Hap Arnold Carl A. Spaatz and John H. Jouett as a counterbalance to the German-owned Colombian carrier SCADTA operating in Colombia since 1920 .
 alternate names: Pan American Airways, PAA
Given a phrase that describes the relationship between two words, extract the words and the lexical relationship between them. The output format should be "relation1: word1, word2; relation2: word3, word4". 
Option: cities of residence, top members employees, members, alternate names, origin, state or provinces of residence, title of person, spouse, city of headquarters, NA, founded by, state or province of headquarters, employee of, countries of residence, country of birth, founded, subsidiaries, country of headquarters 
Text: {0} 
Answer:
 alternate names: Pan American Airways, PAA