Peru's airlines skirt ownership rules as lawmakers propose state rival
Article content LIMA — Peru’s top three airlines are operating with little or no Peruvian ownership despite a rule that local carriers be at least 30% owned by its nationals, company filings, court documents and interviews with industry officials show. Increased competition has lowered ticket prices for Peruvians in recent years, but it has also meant multinational carriers have driven locally-owned players out of business. We apologize, but this video has failed to load. Try refreshing your browser, or Peru's airlines skirt ownership rules as lawmakers propose state rival Back to video ...