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Home > Company Index > Transportation > Airlines > Grupo TACA

Grupo TACA
 PROFILE
Grupo TACA (Transportes Aeros Centro Americanos) flies throughout Central America, South America, and the Caribbean, as well as destinations in North America, such as Toronto and about 35 cities in the US. The largest private employer in Central America, Grupo TACA united five small airlines in 1997: Costa Rica's Lacsa, El Salvador's TACA International, Guatemala's Aviateca, Honduras' TACA, and Nicaragua's Nica. The airline has connections to more than 200 cities through a code-sharing agreement with American Airlines. The group's Aeroman performs aircraft maintenance. Founded in Honduras in 1931 by New Zealand pilot Lowell Yerex, Grupo TACA has been owned by the family of chairman Roberto Kriete since 1961.

 COMPETITION
CINTRA, S.A. de C.V. (CINTRA)
Continental Airlines, Inc. (CAL)
UAL Corporation (UAL)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 500.00
Employees: 4,000
Revenue per employee: $125,000.00

 KEY PEOPLE
• Federico Bloch
    CEO
• Joaquin Palomo
    CFO

 CONTACT INFO
Caribe Building, First Fl.
San Salvador, El Salvador
Phone: 503-298-1560
Fax: 503-298-3064
Online: Web Site

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