Lapsa refers to Líneas Aéreas Platenses S.A., the name of a regional airline based in Montevideo, Uruguay.

Líneas Aéreas Platenses (LAPSA)
IATA ICAO Callsign
- - -
Founded1962
Ceased operationsMarch 1995
Fleet size3
Destinations5
HeadquartersMontevideo, Uruguay

HistoryEdit

LAPSA was formed as a state-owned company in 1962 with service to Buenos Aires, São Paulo and Rio de Janeiro. By 1965, its fleet consisted of two Convair CV-240 and three Lockheed L-188. By 1978, Lapsa began its jet era with the purchase of two Boeing 707. Within two years, Lapsa had flights to Miami, Frankfurt, and Madrid.

Due to its poor service, inefficient operations, outdated equipment and overemployment as a result of being a state-owned company, Lapas was losing $1.3 million a month. It was privatized in March 1995 after Andrés Rodríguez's government chose to privatize many state-owned corporations.[1]

DestinationsEdit

FleetEdit

Later on, Lapsa's fleet consisted of three Embraer EMB 120 Brasilia.

See alsoEdit

ReferencesEdit

  1. ^ Shea, W Christopher (Fall 1996). "AeroPeru and LAPSA: Peru, Paraguay, and privatization". Administrative Law Review. 48 (4): 579–591. JSTOR 40709846.