Avianca Costa Rica Avianca Costa Rica Avianca Costa Rica, formerly known as LACSA ("Spanish: Lineas Aéreas Costarricenses S.A."), minority owned by the Synergy Group, is the national airline of Costa Rica and is based in San José. It operates international scheduled services to over 35 destinations in Central, North and South America. The airline previously used the TACA/LACSA moniker when it was a subsidiary of Grupo TACA. Since May 2013, following Avianca's purchase of Grupo TACA, Avianca Costa Rica became one of seven nationally branded airlines (Avianca Ecuador, Avianca Honduras, etc.) operated by Avianca Holdings group of Latin American airlines. LACSA was established
Airline air carriers, to rescheme an airlines assets into a profitable organization or liquidating an air carrier of their profitable and worthwhile routes and business operations. Thus the last 50 years of the airline industry have varied from reasonably profitable, to devastatingly depressed. As the first major market to deregulate the industry in 1978, U.S. airlines have experienced more turbulence than almost any other country or region. In fact, no U.S. legacy carrier survived bankruptcy-free. Among the outspoken critics of deregulation, former CEO of American Airlines, Robert Crandall has publicly stated: "Chapter 11 bankruptcy protection filing shows airline industry deregulation was