Aereolineas Martinas: Difference between revisions
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Revision as of 09:22, 4 June 2017
The airline was established on May 23, 1955 and started operations on August 4th of that same year. It was founded as Lineas Aereas de San Martín. In May 1978, Lineas Aereas de San Martín absorbed Aguila Martina and became Aereolíneas Martinas. It acquired Collazo Airlines from Aguila Martina and subsidiary Martino Management Inc. absorbing its operations. Following the merger with Aviones Alexandria in 1999 additional domestic and international services were taken over by Aereolíneas Martinas.
Following discrimination lawsuits, the company's stock was reduced significantly. In 2000, Martino Automobile Company purchased Aereolíneas Martinas and its subsidiaries.
Aereolíneas Martinas is owned by Martino Automobile Company (76.8%), Martino Management Ltd. (22.2%) and has 2,040 employees (in March 2007).
