Boliviana de Aviación BoA was created by means of the Supreme Decree Nº 29318 of October 24, 2007 as a Strategic National Public enterprise, under the order of the Ministry of Public Works and the Ministry of Services and Housing. It is supported with articles of association approved by means of Supreme Decree Nº 29482 of March 19, 2008. The airline's principal intention is to provide the State a direct mechanism of execution of the aeronautical politics and the democratization of the air transport in Bolivia. It was established by the Bolivian Government under the president Evo Morales, replacing the troubled Lloyd Aéreo Boliviano as flag carrier. The president remembered that the state-owned airline was created to attend the country in emergency situations, like the bankruptctcy of the former flag carrier Lloyd Aéreo Boliviano, leaving hundreds of unemployed people. BoA's inaugural flight was made on 29 March 2009 connecting the cities of La Paz, Cochabamba and Santa Cruz de la Sierra. In 2010, BoA became the only airline in Bolivia to operate international flights outside Latin America after AeroSur ceased operations.
Expansion
Route expansion
In less than three months of operations, Boliviana de Aviación extended its domestic network serving the city ofTarija. In a gradual time the airline expects to extend its services to the principal cities in Bolivia to consolidate its presence in the national market. The inaugural flight to Tarija was made from El Alto International Airport. Boliviana de Aviación operates a comprehensive network of scheduled domestic flights, covering all the principal cities of Bolivia. However the airline's fast growth allowed BoA to commence operating international routes. On 14 May 2010, Boliviana de Aviación received all the operative authorizations for flying internationally inaugurating its first international flight from Cochabamba to Buenos Aires. In November 2010, the airline inaugurated its second international destination: São Paulo. BoA currently offers six weekly frequencies to Buenos Aires and three trips to São Paulo, which will be extended to five frequencies. Following AeroSur's demise in 2012, BoA became the principal carrier of Bolivia, and leased an Airbus A330 to inaugurate the key link to Madrid, Spain in November 2012. BoA later leased Boeing 767s to operate this flight. Boliviana de Aviación also plans to open new service to Lima, Peru.
Fleet expansion
Boliviana de Aviación started operations with two Boeing 737-300s.
On 29 September 2009, BoA announced the arrival of its 3rd Boeing 737.
On 14 April 2010, BoA received its 4th Boeing 737.
In April 2011, BoA received its 5th Boeing 737, president Evo Morales celebrated the new acquisition and emphasized the positive results in the coverage of the internal market.
Financial and operational performance
On 29 March 2009, Boliviana of Aviación made its inaugural flight. To almost a year of the fact, the participation of the state company in the regular aeronautical market came to a close of 50% and his utilities to some US$2.2 million. Some domestic networks have been dominated by the services of BoA. Most of the airline's financial success is due to the 10% reduction of all its fares in domestic flights compared with AeroSur. Since 2010, the airline began taking leadership in some domestic routes, in decline of the private flag carrier AeroSur. According to the Authority of Inspection and Social control of Transport and Telecommunications, Boliviana de Aviación achieved the passengers' biggest quantity in three routes:
Cochabamba-Cobija
Cochabamba-Sucre
Cochabamba-Tarija
Destinations
Boliviana de Aviación's main hub is in Cochabamba at Jorge Wilstermann International Airport. Its focus cities are La Paz and Santa Cruz de la Sierra. Most international flights, including long-haul services to Miami and Madrid operate out of Viru Viru International Airport due to the airport's capability to handle larger aircraft.
Codeshare agreements
Boliviana de Aviación has codeshare agreements with the following airlines :
The Bolivian Government and the Russian ambassador are negotiating the acquisition of the Antonov An-148 for official and civil uses. Bolivia is interested in acquiring eight planes, one as the presidential carrier and seven to the state-owned airlines which are Boliviana de Aviación and Transporte Aéreo Militar. According to the negotiation, BoA would receive four planes and TAM three planes of this type. However, the negotiation depends on the cooperative advances between the Bolivian and Russian governments as regards a credit for US$250 million.