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The military airline was founded on December 17, 1962, by Luis A. Ortega under Guillermo Freile Posso, both colonels. It was named Transportes Aéreos Militares Ecuatorianos (TAME). At the time, the Air Force required an income source; governmental transport services to remote and difficult to reach parts of Ecuador; and an entity to train pilots.
TAME Flight 173, [2] a Boeing 737-2V2 Advanced operated by Ecuador's national airline TAME, flying on a domestic route from the now-closed Mariscal Sucre International Airport in Quito to Mariscal Lamar International Airport in Cuenca, crashed on 11 July 1983 into a hill during final approach just 1 mile (1.6 km; 0.87 nmi) from its final destination, killing all 119 people on board.
The aircraft involved had first flown in 1967 and was previously operated by Transair Sweden, Air Madeira, and Philippine Airlines before being transferred to TAME. [ 1 ] The captain was 59-year-old Jorge Efrain Noe, one of TAME's flight instructors and most experienced pilots, having logged a total of 12,091 flight hours, including 8,263 hours ...
In 2000, the airline was renamed TAM Linhas Aéreas. Long running discussions to merge with Varig ended in 2004. In 2008, TAM transported 30,144,000 passengers, with an average load factor of 71%. [18] As of 2010, the airline is owned by the Amaro family (46.25%), Amaro Aviation Part (3.52%), treasury stocks (0.27%), and minority shareholders ...
The following is a list of government-owned airlines. The practice of government ownership of airlines, particularly flag carrier airlines, occurs in many countries. The following is a list of both airlines currently owned by a government, and former government-owned airlines.
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