Bolivia grounds former flag carrier's last 727

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Bolivia's civil aviation authority DGAC has grounded the remaining aircraft of long bankrupt former Bolivian flag carrier Lloyd Aereo Boliviano (LAB) due to incomplete documentation.

Cochabamba-based LAB was grounded as a scheduled carrier in 2007 but continued to operate limited wet lease services for now-defunct Aerosur and Bolivia's military airline Transportes Aereos Militares.

The aircraft, a Boeing 727-200, grounded by DGAC is a 34-year old aircraft registered CP-1367. It was operated by LAB on behalf of Transportes Aereos Militares, but under the latter's air operator's certificate. A spokesman from Transportes Aereos Militares says that operations at the airline are not affected. LAB could not be reached for comment.

The 727 was LAB's last remaining asset and source of income.