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===Bolivian national airline=== [[File:Boeing 727-171C, Lloyd Aereo Boliviano - LAB AN0309730.jpg|thumb|A LAB [[Boeing 727-100]] at [[Rio de Janeiro/Galeão International Airport]] in 1984.]] In May 1941, LAB was taken over by the government of Bolivia as the country's [[national airline]] and [[Pan American-Grace Airways|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. At this time, Edmundo Gonzalez was the president of the airline and the fleet consisted of seven [[DC-3]]s, one [[DC-4]] and six [[Boeing B-17]]s.<ref name="Flight1960" /> With the [[Lockheed L-188 Electra]] joining the fleet in September 1968,<ref>Davies, R.E.G., ''Airlines of Latin America since 1919'', London 1984, p. 329</ref> LAB was in the position to offer non-stop international flights. A further improvement in comfort and travel times was achieved when Lloyd Aéreo acquired its [[jet age|first jet aircraft]] (of the [[Boeing 727]] type) in 1970, allowing for the inauguration of flights to Central America and the United States.<ref>Davies (1984), p. 330</ref> At March 1990, the airline had 1,700 employees and was 99.98% owned by the government. By this time the network, which consisted of 21 domestic destinations and 15 international ones (Arica, Asunción, Belo Horizonte, Buenos Aires, Caracas, Cuzco, Lima, Manaus, Miami, Montevideo, Panama, Rio de Janeiro, Salta, Santiago and São Paulo), was served with two [[Boeing 707-320C]], three [[Boeing 727-200]]s, two [[Boeing 727-100]]s, one [[Fokker F27-600]] and one [[Fokker F27-200]].<ref>{{cite journal|title= World airline directory – Lloyd Aero{{sic|nolink=y}} Boliviano (LAB)|journal= [[Flight International]]|number= 4207|volume= 137|date= 14–20 March 1990|page= 105|url= https://www.flightglobal.com/pdfarchive/view/1990/1990%20-%200757.html|archive-url= https://web.archive.org/web/20190910204154/https://www.flightglobal.com/pdfarchive/view/1990/1990%20-%200757.html|archive-date= 10 September 2019|url-status= live}}</ref>
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