Transportes Aéreos del Mercosur S.A,
d/b/a
A trade name, trading name, or business name, is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is a "fictitious" business name. Registering the fictitious name w ...
LATAM Airlines Paraguay (formerly known as TAM Paraguay and previously ''Líneas Aéreas Paraguayas'') is the flag carrier and the national airline of
Paraguay
Paraguay (; ), officially the Republic of Paraguay ( es, República del Paraguay, links=no; gn, Tavakuairetã Paraguái, links=si), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to th ...
with its headquarters in
Asunción, Paraguay. Its flights operate from
Silvio Pettirossi International Airport
Silvio Pettirossi International Airport is an international airport in Luque, Paraguay, which serves Paraguay's capital city, Asunción, and indirectly serves the nearby city of Clorinda, Formosa in Argentina. The airport is named after Paragua ...
in Asunción. Its parent company is
LATAM Airlines Group
LATAM Airlines Group S.A. is an airline holding company headquartered in Santiago, Chile. It is considered the largest airline company in Latin America with subsidiaries in Brazil, Colombia, Ecuador, Paraguay and Peru. The company filed for Ch ...
.
History
The airline was established on November 17, 1962 and started operations in 1963 as
Líneas Aéreas Paraguayas
LAP - Líneas Aéreas Paraguayas (also referred as ''LAP'' and later LAPSA Air Paraguay) was a Paraguayan airline that was founded in November 1962 to be the flag carrier airline of Paraguay. Its main hub was Silvio Pettirossi International Air ...
. The airline then operated for a brief period between 1995 and 1996 as a subsidiary of the
Ecuador
Ecuador ( ; ; Quechuan languages, Quechua: ''Ikwayur''; Shuar language, Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechuan ...
ian airline
SAETA
SAETA Air Ecuador (legally ''Sociedad Anónima Ecuatoriana de Transportes Aéreos S.A.'') was a privately held airline of Ecuador, which was founded in 1966. During its heyday in the 1990s, it flew to numerous destinations in North and South Ame ...
under the name ''LAPSA Air Paraguay''.
On September 1, 1996,