Private company

Aeroperu

National airline of Peru (1973–1999)

Empresa de Transporte Aéreo del Perú S.A. branded as Aeroperú, was a Peruvian airline, serving as flag carrier of Peru from 1973 to 1999. The company was headquartered in Lima, with the city's Jorge Chávez International Airport serving as its primary hub. Besides an extensive domestic route network, Aeroperú offered international flights to destinations in Latin America and the United States of America.2 It is part of Aeroméxico.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1973Founded1
Aeroperú Boeing 757-200 N52AW MIA 1996-1-8 (cropped)
Photo: Torsten Maiwald, GFDL 1.2, via Wikimedia Commons4

Empresa de Transporte Aéreo del Perú S.A. branded as Aeroperú, was a Peruvian airline, serving as flag carrier of Peru from 1973 to 1999. The company was headquartered in Lima, with the city's Jorge Chávez International Airport serving as its primary hub. Besides an extensive domestic route network, Aeroperú offered international flights to destinations in Latin America and the United States of America. The company had around 1,500 employees. It ceased operations in 1999, with LAN Perú being its successor as flag carrier.2

Corporate structure

Aeroperu is part of a group headed by Aeroméxico. 6 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Aeroperú was formed on May 22, 1973, following the reorganization of SATCO, an earlier airline founded on 1960 and controlled by the Peruvian Army. Initially, a wholly state-owned company with a fleet of three Fokker F28 Fellowships taken over from SATCO, commercial flights were commenced in October on the Lima-Cusco route. Soon, a Boeing 727 joined the fleet, and the airline placed an order for two new Fokker F27 Friendships. In 1974, two Douglas DC-8s were acquired from Viasa, which allowed the company to launch international flights.

The inaugural international flight to Buenos Aires took place on 29 July 1974, soon followed by a scheduled service to Miami. By 1978, the Aeroperú network had grown to include many Latin American destinations, and also the US cities of New York and Los Angeles due to their large Latino populations.

In July 1981, Aeroperú was gradually privatized, with the Peruvian government keeping a 20% minority share. In 1982, plans were made for a merger with Faucett Perú, the other large Peruvian passenger airline at that time. As a preparatory measure, redundancies in the route networks of the two airlines were eliminated, to which end Aeroperú suspended flights to a number of destinations, including Rio de Janeiro, São Paulo, New York City and Los Angeles. No further steps were taken towards merging the two airlines, and so in 1983 flights to several destinations recommenced. A bilateral air traffic agreement between Peru and the United States expired on 11 November 1983. Because of disagreements over the granting of fifth freedom rights, all flights between the two countries were suspended in May 1984 until mid-1985, which affected Aeroperú's Lima-Miami route.

In 1993, Aeroméxico acquired 70% of the shares worth $54 million, thus making Aeroperú its subsidiary. Subsequently, two Boeing 757-200s were transferred, allowing Aeroperú to replace their ageing DC-8s. In 1996, 47% of Aeroperú was transferred to Cintra, the parent company of Aeroméxico and Mexicana de Aviación. In 1998, Delta Air Lines became a major shareholder of Aeroperú, when they acquired a 35% stake in the airline. The agreement saw Cintra reducing their share to an equal 35%.

Aeroperú was forced to suspend all flight operations on March 10, 1999. According to general director Jaan Albrecht, Aeroperu's debt by 1999 had reached $174 million, while the airline's tangible assets were worth only $50 million. Several plans for a relaunch were made, which included a possible buy-in of Continental Airlines or a takeover by a group of foreign investors. None of these materialized, and Aeroperú was liquidated on August 18, 1999. One final attempt at reviving the airline failed in mid-December 1999 after the airline's creditors rejected the proposal. Most of its route network as well as the role of Peruvian flag carrier was taken over by newly founded LAN Perú.

From Wikipedia’s article on Aeroperú, shared under CC BY-SA 4.0.3

Products and brands

Destinations

With Jorge Chavez International Airport being its most important hub, Aeroperú maintained an extensive domestic route network. International flights were offered to a number of cities in Latin America, as well as the United States.

Fleet

Over the years, Aeroperú operated the following aircraft types:

From Wikipedia’s article on Aeroperú, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 1999Dissolved Dissolved1
  2. 1973Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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