Austro Aéreo

Austro Aéreo was an Ecuadorian airline formed in 1996. It operated scheduled passenger services throughout Ecuador. The company declared bankruptcy and ceased operations in late 2003.[4]

Austro Aéreo
IATA ICAO Callsign
312 [1] UST Austro Aereo [2]
Founded1996
Commenced operations1996
Ceased operations2003
HubsCuenca Mariscal Lamar International (CUE) [3]
Fleet size3

History

The company was inaugurated on November 11, 1992. The airline offered regular flights between the cities of Cuenca. Macas, Quito and Guayaquil.[5] Austro Aereo had a limited number of planes and had many problems with them. One plane, an FH 227, was grounded because it failed a "major inspection". The costs of repair would have been very high, so Austro Aéreo opted not to repair it and instead acquired two other planes.[6]

Liquidation

The company got into financial difficulties in 2002 and stopped flying to Guayaquil in December. Three million dollars was owed to the sellers of the Boeing aircraft, the suppliers of the Pratt & Whitney engines, the Ecuadorian Institute of Social Security and the tax authorities. 107 employees lost their jobs and the company was put into liquidation.[7]

Fleet

Destinations

 Ecuador

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See also

References
  1. "AUSTRO AEREO". airticketshistory.com.
  2. "Flota Austro Aereo". Airfleets.net.
  3. "Austro Aereo". chi-aviation.com.
  4. "Austro Aereo". airlinehistory.co.uk.
  5. Harry Adès. "The Rough Guide to Ecuador". books.google.com.
  6. Florencia Astudillo. "IESS rematará nave embargada el 2003". eltiempo.com.ec.
  7. Ruth Orden. "Austro Aéreo entró en liquidación el 31 de diciembre". www.eluniverso.com.
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