Aviation History
Bolivian aviation was defined for eight decades by Lloyd Aéreo Boliviano (LAB), founded in 1925 as one of the oldest airlines in the Americas, which collapsed financially and ceased operations in 2007. The government responded by creating state-owned Boliviana de Aviación (BoA) the same year; after private carrier AeroSur also went bankrupt in 2011, BoA became Bolivia's dominant carrier and later added transatlantic long-haul service.
A consortium of German-Bolivian residents establishes LAB in Cochabamba; it becomes South America's second-oldest airline after Avianca.
LAB begins expanding beyond domestic routes into international service across the Americas.
Decades of financial trouble and a failed privatization with Brazil's VASP culminate in LAB suspending flights; its license is revoked in 2010.
State-owned BoA, created by government decree in 2007, begins commercial flights connecting La Paz, Cochabamba and Santa Cruz.
Bolivia's largest private airline goes bankrupt, leaving BoA as the country's principal carrier.
BoA begins long-haul service to Madrid, its first transatlantic route.
BoA achieves full membership in the International Air Transport Association.
BoA takes delivery of its first Airbus A330-200 in April, expanding long-haul widebody capacity.
Boliviana de Aviación (BoA) · Lloyd Aéreo Boliviano (historical) · AeroSur (historical)
Wikipedia, Britannica, BoA corporate history, Simple Flying