Aerolíneas Peruanas
Defunct Peruvian flag-carrier airline that operated scheduled domestic and international services from 1957 until 1971.
Last updated August 26, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
Aerolíneas Peruanas S.A., commonly abbreviated as APSA and sometimes rendered in English as Peruvian Airlines, was a Peruvian scheduled airline headquartered in Lima. It served as Peru's principal flag carrier during much of the period from the late 1950s through the early 1970s, operating from Lima's Jorge Chávez International Airport and connecting Peru with destinations across Latin America, the United States, and, later, Europe. The airline should not be confused with the unrelated modern Peruvian carrier Peruvian Airlines. The company was established by C. W. Shelton on September 16, 1956. Most of its initial equity was distributed among private Peruvian investors, who together held roughly 77 percent of the shares. Flight operations began on September 17, 1957, with scheduled services from Lima to Santiago de Chile and Miami. In its early years APSA was not a member of the International Air Transport Association, joining IATA only in 1966. Its position outside the association allowed it to compete aggressively on fares, particularly on routes linking South America with the United States. APSA sought to strengthen its regional position through cooperation with Transportes Aéreos Nacionales and Compañía Ecuatoriana de Aviación. The carrier initially relied heavily on piston-powered aircraft, especially the Douglas DC-6, which was a central part of its fleet during the early 1960s. On December 1, 1963, APSA entered the jet era with the Convair 990 Coronado. The introduction of faster jet aircraft supported a major expansion of the airline's route network and helped it develop a more prominent international profile. By the end of the 1960s, APSA had added Douglas DC-8 aircraft and inaugurated transatlantic operations. This expansion represented the high point of the airline's development, extending its reach beyond the Americas and placing it among the Latin American carriers operating long-haul jet services. The company nevertheless encountered increasingly serious financial difficulties in the early 1970s. Proposed solutions involving a takeover by the Peruvian government and Spain's Iberia did not succeed. Unable to resolve its financial problems, APSA ceased all flight operations on May 2, 1971, ending its role as Peru's flag carrier and leaving the country without the airline that had carried much of its postwar international expansion.
History
Aerolíneas Peruanas S.A. was formed in Lima on September 16, 1956, by C. W. Shelton. The company was financed primarily through private Peruvian participation, with approximately 77 percent of its shares distributed among Peruvian investors. Although incorporated in 1956, the airline began carrying passengers the following year. Its first scheduled services started on September 17, 1957, linking Lima with Santiago de Chile and Miami. The carrier developed during a period in which Latin American aviation was expanding from limited regional networks into more regular international systems. APSA initially operated outside the International Air Transport Association, a position that enabled it to set fares below those commonly charged by IATA-affiliated competitors. The airline used this pricing flexibility to compete on routes between South America and the United States. It also entered into cooperative arrangements with Transportes Aéreos Nacionales and Compañía Ecuatoriana de Aviación in an effort to improve its regional market position. During the first part of the 1960s, the Douglas DC-6 was one of APSA's principal aircraft types. The company made a significant technological transition on December 1, 1963, when it introduced the Convair 990 Coronado and became a jet operator. The change allowed the airline to shorten journey times and extend its network. The airline later joined IATA in 1966, bringing it into the principal international airline association and supporting its continuing development as a scheduled international carrier. APSA's route expansion continued through the second half of the decade. It operated services to major destinations in Latin America and the United States and eventually added transatlantic flying with Douglas DC-8 aircraft by the end of the 1960s. The transatlantic network marked the company's greatest geographical reach and reflected its ambition to function as a full-service national flag carrier rather than only a regional operator. The airline also experienced a serious security incident during this period. On January 11, 1969, one of its Convair 990 aircraft was hijacked while flying from Panama City to Miami and diverted to Cuba. The event occurred amid a broader pattern of hijackings involving flights between the United States and Cuba, rather than being identified in the reference material as a corporate scandal or regulatory violation. In the early 1970s, the company's financial position deteriorated. Discussions concerning a possible takeover by the Peruvian government and Spain's Iberia did not produce a viable rescue or ownership arrangement. APSA was consequently unable to continue operating and ceased all flights on May 2, 1971. Its closure ended the airline's approximately fourteen-year operating history and removed the principal Peruvian carrier that had built a substantial international network during the jet-age expansion of commercial aviation.
- 1971
Operations terminate
[1]Following worsening financial problems and failed takeover discussions, APSA ceased all flight operations on May 2.
- 1969
Convair 990 hijacking
[1]A Convair 990 flying from Panama City to Miami was hijacked and diverted to Cuba on January 11.
- 1966
Joins IATA
[1]APSA became a member of the International Air Transport Association after operating outside the association during its first years.
- 1963
Entry into the jet age
[1]The airline introduced the Convair 990 Coronado on December 1, replacing part of its earlier piston-aircraft operating profile with high-speed jet service.
- 1957
Scheduled flight operations begin
[1]APSA began operating scheduled passenger services from Lima to Santiago and Miami on September 17.
- 1956
Company founded
[1]C. W. Shelton established Aerolíneas Peruanas S.A. in Lima on September 16, with most initial shares distributed among private Peruvian investors.
Products and positioning
A Peruvian flag carrier positioned around scheduled international connectivity, competitive fares, and the expansion of Peru's links with Latin America, the United States, and Europe.
Passenger airline services · 1957
Domestic scheduled passenger services
APSA provided scheduled passenger transportation within Peru as part of its role as the country's principal flag carrier. The available reference material emphasizes the airline's international network and does not identify specific domestic city pairs.
International passenger airline services · 1957
Latin American international services
The airline operated scheduled flights linking Peru with major destinations in Latin America. Its regional network was supported by cooperation with Transportes Aéreos Nacionales and Compañía Ecuatoriana de Aviación and expanded substantially during the 1960s.
International passenger airline services · 1957
United States services
Miami was one of APSA's original destinations, and the carrier developed a broader role in connecting South America with the United States. Before joining IATA, the airline was noted for using comparatively low fares on South America–United States routes.
Long-haul passenger airline services · 1969
Transatlantic Douglas DC-8 services
By the end of the 1960s, APSA used Douglas DC-8 aircraft for transatlantic flights. These services represented the most extensive stage of its network development and established the company as a long-haul international operator.
Brand decisions
1971
Ceased operations after failed takeover discussionsStrategyBackground
APSA faced worsening financial conditions, while proposed takeover arrangements involving the Peruvian government and Iberia failed to resolve the company's situation.
Action taken
The airline stopped all flight operations on May 2, 1971.
Aftermath
Aerolíneas Peruanas became defunct and ended its period as Peru's principal flag carrier.
1969
Expanded into transatlantic operationsProduct launchBackground
APSA's jet fleet and expanding international network created the basis for longer-distance services beyond the Americas.
Action taken
The airline introduced Douglas DC-8 aircraft for transatlantic flights by the end of the decade.
Aftermath
Transatlantic service became the geographic high point of APSA's network before its financial decline in the early 1970s.
1966
Joined the International Air Transport AssociationStrategyBackground
APSA had operated outside IATA during its first years, using pricing flexibility to compete on South America–United States routes.
Action taken
The airline joined IATA in 1966.
Aftermath
Membership aligned APSA with the principal international airline association while the company continued expanding its scheduled network.
1963
Introduced Convair 990 jet aircraftGeneration changeBackground
APSA had primarily used piston-powered aircraft such as the Douglas DC-6 during the early 1960s and was expanding its international network.
Action taken
The airline introduced the Convair 990 Coronado on December 1, moving into jet-era operations.
Aftermath
The change supported faster service and broader network expansion during the 1960s.
Recent events
- 1971
Aerolíneas Peruanas ceases operations[1]
Bankruptcy
After worsening financial difficulties and unsuccessful takeover discussions involving the Peruvian government and Iberia, APSA stopped all flight operations on May 2.
- 1969
APSA Convair 990 hijacked and diverted to Cuba[1]
Other
On January 11, a Convair 990 operating from Panama City to Miami was hijacked and forced to divert to Cuba during a period when hijackings on United States–Cuba routes were frequent.
- 1957
Aerolíneas Peruanas begins scheduled operations[1]
Other
The airline launched scheduled passenger flights from Lima to Santiago and Miami, establishing its initial international network.
Sources1 sources
Cite this profile: Cite the canonical profile. /brand-wiki/líneas-aereas-peruanas · Editorial policy · How profiles are compiled