Lloyd Aereo Boliviano - Backpack

Lloyd Aéreo Boliviano (LAB), internationally known as LAB Bolivian Airlines, was the flag carrier and principal airline of Bolivia from 1925 until it ceased operations in 2010. The airline was founded on 15 September 1925 by a consortium of German-Bolivian residents and began commercial flights on 23 September between Cochabamba and Santa Cruz using a Junkers F 13. n July 1930, Lloyd Aéreo began to serve international routes, with scheduled flights between La Paz, where it was based then, and Corumbá, Brazil.

In May 1941, LAB was taken over by the government of Bolivia as the country's national airline and Panagra was granted a contract to administer it. In March 1960, Panagra held a 20% interest in LAB and the government of Bolivia was the major shareholder. From 2006, Lloyd Aéreo had to cut flights because it was in bad financial shape; leased long-haul aircraft could not be paid for anymore. LAB operated a limited number of charter flights during late 2007 and early 2008, on behalf of AeroSur, but has since fully gone out of business, with its airline license officially been revoked in 2010.