A300 American
Topic Author
Posts: 132
Joined: Mon Jan 10, 2000 8:37 am

Tans Fate To Be Decided Soon

Fri Feb 10, 2006 2:59 am

Hey All,

The state-owned peruvian airline, TANS, has been languishing in debt. In the near future, the government will evaluate it`s destiny. Many believe the company will be liquidated. Given it`s debt history, accident history, and the fact that the Peruvian market is saturated (LAN, TACA, Aerocondor, Star Peru, Wayra, LC Busre (chartered), ATSA (chartered)), the future isn`t too bright for TANS. It`s a shame that corrupt politians want to continue to "drain" or "continue to leech" off of the government (unfair competition to the other private carriers).

Salud  wave