Peru Moves to Create Low-cost State-owned Air Carrier

The objective of LAPERU would be to create an essential service at a low cost, to promote Peru tourism . The carrier would also serve as a way to keep air traffic revenues in the country.

By Daniel Martínez Garbuno

RIO DE JANEIRO, BRAZIL - The Transport Commission of the Peruvian Congress approved a  bill that would allow the creation of a State carrier, called Línea Aérea de Bandera del Perú (LAPERU). Predictably, the private airline sector in Peru is not happy with the decision.

What would LAPERU look like?

Last November, we discussed the possibility of the Peruvian Government creating LAPERU. The airline would become the first low-cost partially state-owned airline in the world. The original proposal was that the Government would own 35% of LAPERU. The remainder of . . .

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