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TACA International Airlines, then named Central American Air Transports, [8] was founded in 1931 in Honduras by New Zealander Royal Flying Corps veteran Lowell Yerex. [9] Initially, the airline only transported cargo, but beginning in 1940 the airline began passenger services. [8] TACA began operations with a single-engine Stinson plane.
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American Airlines and Teleregister Company developed a number of automated airline booking systems known as Reservisor. it first version was an electromechanical version of the flight boards introduced for the "sell and report" system that was installed in American's Boston reservation office in February 1946.
Their idea of an automated airline reservation system (ARS) resulted in a 1959 venture known as the Semi-Automatic Business Research Environment (SABRE), launched the following year. [8] By the time the network was completed in December 1964, it was the largest civil data processing system in the world. Other airlines established their own systems.
IranAir, the Iranian National Airline, discontinued using IBM-ACP/IPARS at the beginning of 2000 due to Year 2000 (Y2K) problem. CPARS (Compact Programmed Airlines Reservations) was used by smaller airlines (e.g. Icelandair). Among other limitations (compared to PARS) was a shorter booking horizon of 90 days. [citation needed]
The company is the second largest airline holding in Latin America by revenue and fleet size after LATAM Airlines Group based in Santiago, Chile.With a fleet of 173 aircraft and more than 19,000 employees, Avianca serves over 100 destinations in America and Europe, which connect to over 750 destinations worldwide through codeshare agreements with partner airlines.
Sabre Global Distribution System, owned by Sabre Corporation, [1] is a travel reservation system used by travel agents and companies to search, price, book, and ticket travel services provided by airlines, hotels, car rental companies, rail providers and tour operators.
Synergy Group Corp. is a South American conglomerate created and owned by Germán Efromovich.The group is headquartered in Rio de Janeiro, Brazil. [1] It operates several airlines in South America, among which are Avianca Group (formerly Avianca Holdings & AviancaTaca Holding), with a 66.66% stake, [2] and is active in the exploration of oil and natural gas throughout the region.