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However they all ended up in Bankruptcy and failed !
Nevertheless, some foreign airlines have managed to open a subsidiary in Peru such a TACA with TACA Peru and LAN with LAN Peru....however these seem to be doing pretty well....
How is it that Peru cannot sustain itself an airline but once foreign airlines come they work well.....I guess it has to do with the managing and not the routes since the new subsidiaries seem to be doing good on what were the routes of the old Peruvian airlines....
This is just an example and am sure it applies to other countires