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AviancaTaca unit Aeroperlas airline announces end of operations in Panama

Thursday, March 1, 2012

Aeroperlas, a Panama City based unit of Avianca Taca Holding, announced its decision to cease operations in Panama as of February 29.

"The resolution is specific to particular market conditions and the business model of the airline," the carrier said.

According to Innovata data, the carrier operated a fleet of two ATR 42-300s and 20 Cessna 208 Caravans.

Source: CAPA