After successfully renegotiating its debt, Bolivia's flag carrier Lóide Aéreo Boliviano (LAB) has finalised the lease of two Boeing 767-300ERs and three Stage 3 hush-kitted Boeing 727-200s from Pegasus Aviation.

The aircraft will be delivered in the fourth quarter. The airline plans to use the 767s on North American routes, while two 727-200s will operate domestic and cross-border routes to neighbouring countries, with the remaining 727 to be a standby aircraft. LAB plans to convert one of its 727-200s locally into freighter configuration. The carrier has increased frequencies on domestic and international routes and is planning to expand its international route network.

Source: Flight International