He only mentions it 234,568,123,683,683 times in this and probably every interview he's doing for this record. He seriously shoehorns it in to every answer.
So, you were going to do an album with Glyn Johns but you shelved it.
Yeah, I have a studio. It's called Pax-Am
So, you wrote a lot of songs that haven't ended up anywhere.
Yeah, I have my own studio, Pax-Am. That's my studio.
What did you have for breakfast?
You mean at my studio? Well, I built a studio recently called Pax-Am and I designed it and it's my studio. Pax-Am.
Best,
Tim.