According to the El Mundo newspaper of Bolivia, Transporte Aéreo Militar Empresa Pública (TAM Bolivia), may not be able to operate scheduled airline flights from January 1, 2018.
Update: The Bolivian government has now extended the deadline to mid 2018.
According to the newspaper, the airline bank accounts have been frozen by the Ministry of Economy and Finance. Further, the Dirección General de Aeronáutica Civil (DGAC) has not granted authority to operate starting on January 1, 2018.
The airline has had difficulty paying for two MA-60 aircraft (below) and cancelled any further orders of the type.
Read the full report (in Spanish): CLICK HERE
Video: TAM Bolivia is one of the last passenger operators of the Boeing 727-200:
[youtube https://www.youtube.com/watch?v=UuFhcE_tcoQ&w=560&h=315%5D
Top Copyright Photo: (all others by TAM Bolivia): TAM (Bolivia) Boeing 737-322 FAB-115 (msn 24653) (partial United Airlines colors) LPB (Christian Volpati Collection). Image: 932093.
Route Map: