Nuevo Continente

Nuevo Continente was an airline in Peru. She offered charter and scheduled flights to domestic and international.

History

The airline was founded on January 4, 1992 under the name Aero Continente in Tarapoto and launched its first flight on 25 May 1992. Tarapoto was deliberately chosen with a border region to take advantage of tax benefits to remote areas. First, charter flights have been carried out on behalf of the petroleum exploration. The commercial airline business was taken on July 20, 1993.

In the early days, the company felt the strong competition of state Aeroperú. This, however, ran into financial difficulties and Nuevo Continente gained ground against the rivals. In 1999, after the demise of the Aeroperú was Nuevo Continente Peru's largest airline.

Along with a Chilean investment group they founded towards the end of 1999, the Aero Continente Chile. The Chilean government, however, blamed the flight crew to abuse the new company as a drug courier, the fleet groundete in June 2002 and seized the assets. Aero Continente Chile declared bankruptcy and assumed the government to damage the airline deliberately in favor of the formerly state-owned LAN Chile. As a result, the airline Aero Continente Dominicana was founded in the Dominican Republic.

In January 2004, it was the founder of Aero Continente, Fernando Zevallos, forbidden to enter the USA. In the same year, the airline received from safety in the U.S. no-fly. On June 1, 2004, the Company in the United States on a black list ( List of Specially Designated Nationals and Blocked Persons) has been set, which forbids Americans to trade with the concerned trade. On the same day the U.S. President George W. Bush Zevallos designated as " foreign drug lord " ( "foreign narcotics kingpin " ) and took him with sanctions. The American government had to wash the airline already a long time in suspected drug money. The charge for the company rejected these accusations.

The U.S. embargo against Aero Continente forced them to their knees. The insurer of the company, Global Aerospace, belongs partly to Americans and therefore broke all business with the airline from. According to Peruvian law insurance for airlines, however, shall, and from 12 July 2004 Aero Continente therefore had to cease all their flights.

After ten days of grounding the airline went into the possession of their employees and received a new name, Nuevo Continente. But this company was put on the black list of the United States. And in 2005 Nuevo Continente no longer existed; she declared bankruptcy. Further plans with the airline, there was subsequently no.

Fleet

The fleet at the end of Nuevo Continente, January 2005: