LACSA was/is the flag carrier of Costa Rica. Pan Am founded the airline on October 17, 1945. The first flight was on June 1, 1946. In 1992, TACA Airlines bought 86% of LACSA. Most of LACSA's planes were repainted in the "TACA Airlines" paint-job. The "original LACSA" stopped flying in 2014. However, the "new LACSA" is now a subsidiary of Avianca.