ACES Colombia
A former Colombian airline that grew from regional commuter services into a major domestic carrier and international operator before being liquidated in 2003.
Last updated August 22, 2026
Overview
ACES Colombia, formally Aerolíneas Centrales de Colombia, was a Colombian scheduled passenger airline headquartered in Medellín. It was established on August 30, 1971, by 13 Colombian entrepreneurs associated with Manizales and Medellín. Among the most prominent founders were Orlando Botero Escobar and German Peñaloza Arias, early pioneers of Colombian commercial aviation, together with Luis H. Coulson, Jorge Coulson R., Alberto Jaramillo and Hernán Zuluaga. The project followed earlier attempts by Botero and Peñaloza to operate a commuter connection between Manizales and Bogotá through TARCA, or Taxi Aéreo de Caldas. TARCA ultimately failed because of financial difficulties, but the later partnership created the capital base and organizational support for ACES. ACES began flying on February 22, 1972, using Saunders ST-27 aircraft on routes linking Medellín and Manizales with Bogotá. It soon expanded beyond the principal city pairings and became an important participant in Colombia's domestic aviation market. By 1976, the airline was serving smaller regional destinations and had acquired de Havilland Canada DHC-6 Twin Otters, aircraft well suited to short-haul and regional operations. This regional focus allowed ACES to connect communities that were less well served by larger jet operators. The airline progressively introduced larger aircraft. It acquired its first Boeing 727-100 in 1981 and expanded its jet fleet during the second half of the 1980s. Fairchild FH-227 aircraft were also used for medium-capacity services. During this period ACES began international charter operations to destinations in the Caribbean and nearby tourism markets, including Havana, Varadero, Nassau, Freeport, Montego Bay, Puerto Plata, Punta Cana, St. Kitts, St. Maarten, Porlamar and Cancún. In 1991, the airline replaced its Fairchild F-27 turboprop fleet with ATR 42 aircraft for regional routes and upgraded its Boeing 727-100 fleet with Boeing 727-200 Advanced aircraft. ACES expanded scheduled international service in 1992, including flights from Medellín and Bogotá to Miami. Under chief executive Juan Emilio Posada, who remained in the role until the airline's end, the company developed a reputation for service quality and punctuality. Its customer-oriented culture helped it build loyalty and increase its share of Colombia's domestic market, historically dominated by Avianca. Industry and consumer publications reportedly recognized ACES as Colombia's best airline on several occasions. By the late 1990s, the company was modernizing again: in 1997 it began acquiring new Airbus A320-200 aircraft to replace its Boeing 727s. Its network included Fort Lauderdale, Quito, Caracas, Santo Domingo, Punta Cana and San Juan, Puerto Rico, in addition to domestic Colombian routes and selected charter destinations. The airline's later history was shaped by industry-wide pressure, intensified by the difficult aviation environment following the September 11 attacks. On May 20, 2002, ACES joined Avianca and SAM in Alianza Summa, a strategic alliance intended to combine resources and strengthen the participating carriers. The arrangement did not produce a lasting independent future for ACES. Its board decided to liquidate the airline, and ACES operations stopped on August 20, 2003. Alianza Summa was dissolved by November 2003, after which Avianca assumed ACES routes. The ACES brand therefore survives as a historical name in Colombian aviation rather than as an active airline.
History
ACES Colombia was created on August 30, 1971, by a 13-person group of Colombian investors and aviation entrepreneurs. Orlando Botero Escobar and German Peñaloza Arias had previously attempted to build a Manizales–Bogotá commuter service through TARCA, but that airline closed after financial problems. With new partners from Medellín, they established ACES as a more durable enterprise. The airline began commercial flying on February 22, 1972, using Saunders ST-27 aircraft on Medellín–Bogotá and Manizales–Bogotá routes. Its early strategy combined trunk connections with regional coverage. In 1976, ACES acquired DHC-6 Twin Otters to serve smaller destinations and developed a meaningful presence outside Colombia's largest city markets. Jet operations began with a Boeing 727-100 acquired in 1981. Further Boeing 727-100s and Fairchild FH-227 aircraft arrived during the 1980s, allowing the company to increase capacity while also beginning international charter flying to Caribbean destinations and other leisure markets. Fleet renewal and network expansion accelerated in the 1990s. In 1991, ATR 42 turboprops replaced the Fairchild F-27 fleet on short-haul routes, while Boeing 727-200 Advanced aircraft replaced the older 727-100s. In 1992, ACES introduced international services from Medellín and Bogotá to Miami. It subsequently added or operated services involving Fort Lauderdale, Quito, Caracas, Santo Domingo, Punta Cana and San Juan, Puerto Rico, as well as additional charter destinations. In late 1997, new Airbus A320-200 aircraft began replacing the Boeing 727 fleet. Under CEO Juan Emilio Posada, ACES emphasized customer service and punctuality. This helped it gain customer loyalty and increase its position in a domestic market long dominated by Avianca. The airline received favorable recognition from industry and consumer publications. However, economic and competitive pressures affected the Colombian airline sector, particularly after the September 11 attacks. On May 20, 2002, ACES merged its strategic efforts with Avianca and SAM through Alianza Summa. The alliance was intended to pool capabilities and respond to adverse market conditions, but ACES did not continue as an independent carrier. Its board ordered liquidation, operations ended on August 20, 2003, and Alianza Summa was dissolved later that year. Avianca subsequently assumed ACES routes.
- 2003Independent operations end
ACES ceases operations on August 20 after a liquidation decision; Avianca later assumes its routes.
- 2002Alianza Summa is formed
ACES joins Avianca and SAM in a strategic alliance on May 20.
- 1997Airbus A320 fleet modernization
The airline begins acquiring new Airbus A320-200 aircraft to replace its Boeing 727s.
- 1992Miami service begins
ACES expands scheduled international flying from Medellín and Bogotá to Miami.
- 1991ATR 42 and Boeing 727-200 fleet transition
ATR 42 turboprops replace the Fairchild F-27 fleet and Boeing 727-200 Advanced aircraft replace earlier 727 variants.
- 1986Fleet and charter expansion
Additional Boeing 727-100s and Fairchild FH-227 aircraft support growth, while international charter flights begin.
- 1981First Boeing 727 enters service
ACES acquires its first Boeing 727-100, beginning a larger-jet phase.
- 1976Regional network expands
The airline acquires DHC-6 Twin Otters to serve smaller regional destinations.
- 1972Commercial service begins
ACES starts flying on February 22 with Saunders ST-27 aircraft between Medellín, Manizales and Bogotá.
- 1971ACES is founded
Aerolíneas Centrales de Colombia is established on August 30 by 13 Colombian entrepreneurs.
Products and positioning
A service- and punctuality-oriented Colombian carrier combining regional connectivity with domestic trunk routes and selected international operations.
Domestic scheduled passenger servicesPassenger airline1972
Domestic scheduled flying formed the core of ACES's business. The airline connected Bogotá and Medellín with Manizales and a wider set of Colombian cities, using both jets on higher-volume routes and turboprops for regional destinations. Its expansion into smaller markets helped establish ACES as a significant alternative to the country's incumbent large carrier.
Regional turboprop servicesRegional aviation1972
ACES used Saunders ST-27 and later DHC-6 Twin Otter aircraft to serve short-haul and lower-density markets. In 1991, ATR 42 aircraft replaced the Fairchild F-27 fleet, providing a more modern platform for regional routes and improving the airline's ability to link smaller Colombian communities with larger hubs.
International scheduled servicesInternational passenger aviation1992
The airline moved beyond charter flying and expanded scheduled international operations in the early 1990s. Miami service from Medellín and Bogotá was followed by routes or operations involving destinations such as Fort Lauderdale, Quito, Caracas, Santo Domingo and San Juan. International flying broadened ACES's profile beyond its domestic Colombian network.
International charter flightsCharter aviation1986
Beginning in the 1980s, ACES operated charter flights to Caribbean and leisure destinations. Reported destinations included Havana, Varadero, Nassau, Freeport, Montego Bay, Puerto Plata, Punta Cana, St. Kitts, St. Maarten, Porlamar and Cancún. These services complemented the airline's regular domestic schedule and later international network.
Flagship businesses
- Medellín–Bogotá service
- Manizales–Bogotá service
- Domestic regional network
- Miami services from Medellín and Bogotá
Brand decisions
- 2003Liquidation and cessation of operationsOther
ACES remained under pressure after the Alianza Summa arrangement and was no longer maintained as an independent operating carrier.
What changed. The board decided to liquidate the airline, ending operations on August 20.
Aftermath. Alianza Summa was dissolved later in 2003, while Avianca took over ACES routes.
- 2002Join Alianza SummaM&A
The Colombian and global airline sectors faced difficult conditions, including pressure associated with the post-September 11 aviation downturn.
What changed. ACES combined strategic and operating efforts with Avianca and SAM in Alianza Summa.
Aftermath. The alliance did not preserve ACES as an independent airline. ACES was liquidated in 2003, and Avianca later assumed its routes.
- 1997Replace Boeing 727s with Airbus A320sStrategy
ACES needed to modernize its jet fleet and support the expansion of its domestic and international network.
What changed. The airline began acquiring new Airbus A320-200 aircraft to replace Boeing 727 aircraft.
Aftermath. The move gave ACES a newer narrow-body platform during its late-1990s growth phase.
Leadership
| Name | Title | Tenure |
|---|---|---|
| Juan Emilio Posada | Chief Executive Officerformer | 1992–2003 |
Recent events
- 2003ACES operations halted after liquidation decision
The airline stopped operating on August 20 after its board decided to liquidate it; Avianca later took over its routes.
BankruptcyM&A - 2002ACES joins Avianca and SAM in Alianza Summa
ACES entered a strategic alliance with Avianca and SAM to respond to difficult conditions in the Colombian and global airline industries.
M&A - 2000ACES ATR 42 and Boeing 727 collide on airport apron
An ATR 42-500 and Boeing 727-200 collided during towing at El Dorado International Airport on October 11. The ATR was written off, with no injuries or fatalities.
Other - 1996ACES Flight 148 crashes near Medellín
A DHC-6 operating Flight 148 crashed into Cerro El Barcino after departing Olaya Herrera Airport on November 30. Fourteen people died and one passenger survived with serious injuries.
Other - 1988ACES aircraft hijacking
A DHC-6 was hijacked on August 1 and forced to land at an abandoned Colombian airstrip; passengers were reportedly robbed and six suspects were later captured.
Other - 1982ACES DHC-6 crashes near Cerro Pan de Azúcar
A scheduled DHC-6 flight from San José del Guaviare to Bogotá crashed in Meta on November 29, killing all 23 people aboard.
Other - 1981ACES DHC-6 crashes near Coveñas
A DHC-6 Twin Otter crashed during approach to Coveñas Airport on December 18, killing 13 people.
Other - 1972ACES begins operations with regional routes
The airline commenced service with Saunders ST-27 aircraft on routes between Medellín, Manizales and Bogotá.
Other
Sources
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