TAM Airlines (Transportes Aereos del Mercosur)

Nil further at this time
– [LAP was established in 1963 by the Paraguayan Military Aviation & was officially founded by the government through the Decree Nr.337 of 18Mar1963. It started operations on 20Aug1963 as LAP (Líneas Aéreas Paraguayas). On 01Sep1996, ARPA purchased 80% of the shares of the former state-owned LAP & both airlines were merged under the name TAM – Transportes Aéreos del Mercosur. In 2008, it was renamed to TAM Airlines. Finally renamed to LATAM Paraguay in 2016]

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