Peruvian Airlines: suspension is baseless
from Peru This Week
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PNE Opinion:
This is a back door attempt to begin the nationalization of air travel in Perú. A 90 day suspension for Peruvian Airlines could put them out of business or at least set the course for that to happen in the near future. These Humala knot-heads didn’t learn the lessons of 1999, when the national airline Aero Peru went bankrupt? It not only went bankrupt but had a constant string of maintenance, safety and customer services issues. National airlines around the world have similar results. From swearing in on the out-of-force 1979 constitution, to stopping the eradication program of the illegal crops of coca growers, to every socialist program he favors, to creating a national airline, Humala has given every indication that he is a big step backward to past failures. Considering the economy of the world in these times, that is a particularly ignorant strategy right now. I'm still waiting to hear an original thought from this president.
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Aero Perú had suffered two fatal events, Flight 772 near Juliaca in 1988, and Flight 603 in 1996. The second incident contributed to the airline's demise. Before the take-off of Flight 603, the maintenance crew erroneously left masking tape over the sensitive static ports of the plane. The crew thus received contradicting and false flight data, particularly from the altimeter, after take-off. This prevented even ground radar from successfully assisting the flight crew during the emergency, and ultimately led to the plane's crash into the Pacific Ocean on October 2, 1996. This was a severe loss to the airline, from which it could never recover.Peru: an airline at all losses
What is it about airlines? Like football teams, they can be trophy investments, holding a value beyond their balance sheet.Despite all the woes in the global airline sector, Ollanta Humala, Peru’s new president, wants to create a national carrier with the participation of private investors.
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After the accident, Aeroperú changed the number of its evening Miami-Lima-Santiago Boeing 757 service to Flight 691. The Flight 603 incident contributed to the eventual demise of Aeroperú, which was already plagued with financial and management difficulties. The airline folded in 1999.
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