SATCO (Servicio Aereo de Transportes Comerciales)

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– [SATCO was founded as LINEAS AEREAS NACIONALES in 1931 later to become TAM. In 1960 TAM was split into SATCO and TANS]
– [AeroPeru was formed on 22 May 1973 to take over operations of SATCO, a Peruvian Army predecessor. Its maiden flight was held on 03Oct1973. Aeroperú was forced to suspend all flight operations on 10Mar1999. Several plans for a relaunch were made, which included a possible buy-in of Continental Airlines or a take-over by a group of foreign investors. None of these materialized, and Aeroperú was forced to suspend all flight operations on 10Mar1999 and was liquidated on 18Aug1999. Most of its route network as well as the role of Peruvian flag carrier was taken over by newly founded LAN Perú]

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