Lloyd Aereo Boliviano
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Lloyd Aereo Boliviano (LAB Airlines) is the national and international passenger airline of Bolivia, based in Cochabamba. It operates passenger and cargo services within Bolivia and to international destinations.
History
Lloyd Aereo Boliviano was established on September 15, 1925, when it was founded in Cochabamba by Guillermo Kyllman. The airline's name was Lloyd Aereo Boliviano S.A.. The name was chosen after Lloyd's of London for its image of safety and security (though the two firms are not related). The airline's first airplane, a Junkers F-13, came as a present from the German community in Bolivia. It started operations on 23 September 1925.
Lloyd Aereo Boliviano first flew internationally in July 1930, with planes used by Brazilian airline Syndicato Condor Ltda., between Corumbá, Brazil and Rio de Janeiro. Lloyd Aereo Boliviano used their own plane on the route from La Paz and Rio de Janeiro, and La Paz to Corumbá. With this, Lloyd Aereo Boliviano and Condor Ltda. had a commercial agreement. Lloyd Aereo Boliviano, which was South America's second commercial airline, after Colombia's Avianca, soon increased their flights to the Brazilian destinations, and their fleet began to grow too. During 1932, Lloyd Aereo Boliviano had to lend its planes and personnel to the Bolivian government, to help during the so called Chaco War (Guerra Del Chaco).
Lloyd Aereo Boliviano had to be reorganized and was nationalized on 14 May 1941 by the government, and it began a period of growth by means of expansion, new airplanes and destinations. In 1950, the airline was awarded with the Condor de los Andes, given to Bolivian companies by the government.
In 1970, Lloyd Aereo Boliviano joined the jet age, acquiring their first Boeing 727. With jets, Lloyd Aereo Boliviano was allowed to fly to more markets in Central America, to the United States and to Spain.
But in 1994, Lloyd Aereo Boliviano ran into economic trouble, and the government started looking for potential buyers. Ultimately, they opened the sale to international buyers, and on October 19 of 1995, VASP, a Brazilian airline, bought 50% of the company. Subsequently the fleet was painted to resemble that of VASP's, and it introduced a frequent flyer program. VASP sold its shares of Lloyd back to Bolivian investors in 2001.
The airline is now owned by Ernesto Asbun Gazaui (50%), Chairman and Executive President, and the Bolivian government (48.27%) (at January 2005).
In 2004 due to a debt that Ecuatoriana de Aviación owed LAB, Lloyd got 50% of Ecuatoriana and operates some of its routes under shared codes.
As of May 2006 the airline is flying with limited capacity due to their financial situation. The two B-767 had to be returned to the leasing company due to lack of payment. Because of this LAB is not currently flying to Madrid, Spain.
Other facts of interest
- Lloyd Aereo Boliviano was featured in a chapter of the Saul Lisazo and Victoria Rufo telenovela Vivo por Ella. Rufo's character flew from Mexico City to New York City. LAB apparently lent an airplane to the soap opera's producers, since the airline does not fly that route, but the seats of the plane used to film the scene where Rufo flew had LAB's logo and name printed.
Services
see full article: Lloyd Aereo Boliviano destinations.Fleet
The operational Lloyd Aereo Boliviano fleet consists of the following aircraft (as of May 2006):
NB. Retirements in recent years have included an Airbus A310-300, two Boeing 727-100s, two Boeing 727-200s, a Boeing 727-200 Freighter, a Boeing 737-300 a Fokker F27-200 Friendship and, most recently, the airline's two Boeing 767-300ERs which it had been using for long-haul flights to Madrid, Miami and Washington DC.
External links
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