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Airlines

Name: ACES COLOMBIA
7JetSet7 Code: ACE
Status: Currently Not Operational
Region: LATIN AMERICA
City: MEDELLIN
Country: COLOMBIA
Employees 2036
Web: aces.com.co
Email: jposada@acescolombia.com.co
Telephone: +57 (4) 360 2237
Fax: +57 (4) 255 0630
Sita:
Background
(definitions)

Click below for data links:
ACE-2003-03-MERGER

FORMED IN 1971. ACES STANDS FOR AEROLINEAS CENTRALES DE COLOMBIA. DOMESTIC, REGIONAL, AND INTERNATIONAL, SCHEDULED AND CHARTER, PASSENGER AND CARGO, JET AIRPLANE SERVICES.

COLOMBIA (REPUBLIC OF COLOMBIA) COVERS AN AREA OF 1,138,914 SQ KM, ITS POPULATION IS 43 MILLION, ITS CAPITAL CITY IS BOGOTA, AND ITS OFFICIAL LANGUAGE IS SPANISH.

FEBRUARY 1995: OWNED BY COLOMBIAN COFFEE FEDERATION (JUAN VALDEZ). HAS 25% DOMESTIC MARKET SHARE.

TO EXPAND INTERNATIONALLY.

1 727-200 ADVANCED (JT8D-15A) DELIVERY.

DECEMBER 1995: 1 727-200 ADVANCED (JT8D-17), EX-EXPRESS ONE INTERNATIONAL (EOI).

JANUARY 1996: 1995 = +$1.4M (NET PROFIT).

JUAN POSADA, PRESIDENT.

FEBRUARY 1996: 1,650 EMPLOYEES (INCLUDING 310 FLIGHT CREW (FC) & 15 MAINTENANCE TECHNICIANS (MT)).

1 727-200H, CIT GROUP (TCI) 38 MONTH LEASED.

JULY 1996: 1ST 6 MONTHS = +$.178M.

OCTOBER 1996: CODE SHARE WITH VIRGIN ATLANTIC AIRWAYS (VAA), MIAMI (MIA) TO LONDON.

NOVEMBER 1996: ACCDT: TWIN OTTER, ON TAKE OFF, FROM MEDELLIN, CRASHED = 2/12 FATALITIES, 1 SURVIVOR.

DECEMBER 1996: (http://www.acescolombia.com.co).

JANUARY 1997: 4/4 ORDERS (11/97) A320-233'S (V2500-A5) (1ST AIRBUS CUSTOMER IN COLOMBIA).

MARCH 1997: 7 YEAR, COMPONENT SUPPORT FOR 6 A320'S CONTRACT, TO SOGERMA-SOCEA.

APRIL 1997: FISCAL YEAR (FY) 1996 = +$5.30M (+$1.43M).

SEPTEMBER 1997: CODE SHARE WITH CONTINENTAL AIRLINES (CAL).

OCTOBER 1997: "COMMERCIAL AGREEMENT" WITH AIR FRANCE (AFA).

NOVEMBER 1997: 2 OF 4 A320-233'S DELIVERIES (739; 743).

JANUARY 1998 NEW COLOR SCHEME.

AIRLINE'S OWNER, MEDELLIN-BASED, FEDARACION CAFETEROS (COFFEE GROWERS ASSOCIATION), IS OFFERING AIRLINE FOR SALE. CONTINENTAL AIRLINEWS (CAL) IS INTERESTED IN TAKING A 30% STAKE.

MARCH 1998: MAY SELL 40% TO AMERICAN AIRLINES (AAL).

JUAN CARLOS DE GREIFF, VP PLANNING, EX-VP OPERATIONS & MAINTENANCE, (TMP).

APRIL 1998: CONSIDERING BUILDING HANGAR, AT RIONEGRO AIRPORT, TO MAINTAIN A320'S.

1,850 EMPLOYEES (INCLUDING 310 FC & 15 MT).

1997 = +$3.2M (+$3.8M) (NET PROFIT).

MAY 1998: ANDRES DUQUE, DIRECTOR MAINTENANCE. BYRON PEREZ, DIRECTOR QUALITY ASSURANCE.

CONTINENTAL AIRLINES (CAL), BUYS 19% OF ACES (ACE).

JUNE 1998: 1ST A320 FLIGHT TO MIAMI (MIA).

JULY 1998: PEREIRA CITY, IN COFFEE GROWING AREA, NONSTOP TO SAN ANDREAS ISLAND.

A320 (V2500) (839), DEBIS AIRFINANCE (DEA) 5 YEAR LEASED.

SEPTEMBER 1998: 2ND Q = -$3.7M (+$350K).

OCTOBER 1998: 2ND A320 (V2500) (892), (ORIGINALLY ORDERED), DEBIS AIRFINANCE 5 YEAR LEASED. 727-212 (1327-21458) RETURNED TO LESSOR.

NOVEMBER 1998: BOGOTA - QUITO - LIMA.

JANUARY 1999: FOR 4TH YEAR, (FAA) RATES COLOMBIA, CATEGORY 2.

19% STAKE BY CONTINENTAL AIRLINES (CAL) HAS BEEN CANCELED, ALTHOUGH CODE SHARE WILL CONTINUE.

727-200H (327-21458) RETURNED TO CIT (TCI), LEASED TO CHAMPION AIR (GRD).

APRIL 1999: 1,425 EMPLOYEES (INCLUDING 212 FC, 176 CA, & 24 MT).

(http://www.acescolombia.com).

MAY 1999: $1.5M, MAINTENANCE CONTRACT, FOR TACA INTERNATIONAL (TAC) ATR.

1,999 EMPLOYEES.

AUGUST 1999: DEFERS OPTIONS ON A320'S INDEFINITELY.

NOVEMBER 1999: (FAA) SAFETY OVERSIGHT RECLASSIFIES COLOMBIA AS CATEGORY 1 (OK FOR FLIGHTS TO USA).

DECEMBER 1999: JULIAN PINEDA, DIRECTOR ENGINEERING, REPLACES DANIEL RESTREPO, WHO RESIGNED.

MARCH 2000: NOW, ACES (ACE) IS NUMBER 2 AIRLINE IN COLOMBIA, WITH DOMESTIC MARKET SHARE 24.9% (+2.9%), 1999 = 1.89M PASSENGERS (PAX) (1.77M). INTERNATIONAL 8% (+1.8%). 1999 = 227K INTERNATIONAL PAX (+29.7K) (+15%), 8% MARKET SHARE, DOMESTIC MARKET SHARE 24.9% (+7.1%), INDUSTRY GREW +4.2%.

96.14% ON-TIME RECORD, HIGHEST IN COLOMBIA.

APRIL 2000: 1,800 EMPLOYEES (INCLUDING 212 FC, 176 CA, & 24 MT).

(jposada#acescolombia.com.co).

ELKIN OSPINA, DIRECTOR MAINTENANCE, REPLACES ANDRES DUQUE, NOW DIRECTOR 3RD PARTY MAINTENANCE.

727-C3 (819-20420) SOLD TO LINEAS AEREAS SURAMERICANAS (LAR).

MAY 2000: 4 ATR42'S, 47 PAX, DELIVERIES.

JULY 2000: BOGOTA - CUCTA (CITY ON BORDER WITH VENEZUELA) (727-200, 150Y PAX, SWITCH TO ATR42-500 IN 8/00).

1999 = 2.12M PAX (+7.9%); 1,800 EMPLOYEES (-10%).

AUGUST 2000: +3 ORDERS ATR42-500'S. 1 ATR42-500 (PW127E) (510, VP-B).

OCTOBER 2000: 1 ATR42-500 (PW127E) (506, N17488) DELIVERY.

NOVEMBER 2000: 1ST 6 MONTHS = +$1.1M (-$2.5M): DISTRIBUTES 10% OF NET IMPROVEMENT TO ITS EMPLOYEES. INCREASED DOMESTIC MARKET SHARE FROM 22.7% TO 28.4%.

BOGOTA - CARACAS.

JUAN EMILIO POSADA, CEO, ELECTED PRESIDENT, LATIN AMERICAN AIR TRANSPORT ASSOCIATION, AND ALSO, ELECTED CHAIRMAN OF INTERNATIONAL ASSOCIATION OF AIR TRANSPORT IN LATIN AMERICA (AITAL), REPLACING FEDERICO BLOCH, CHAIRMAN, TACA GROUP. MIGUEL MONTOYA, VP MAINTENANCE & ENGINEERING IS HEAD OF (AITAL) TECHNICAL COMMITTEE.

EDUARDO MEOLA, DIRECTOR, 3RD PARTY MAINTENANCE CONTRACTS, REPLACES MS PATRICIA CALDERON.

DECEMBER 2000: 1 ATR42-500 (612, VP-BOU) DELIVERY.

JANUARY 2001: (MOU) FOR POSSIBLE MERGER, WITH AVIANCA (AVI), INCLUDING (SAM).

EXERCISES 4 OPTIONS A320'S TO FIRM ORDERS, DUE IN 12/01. WILL PHASE OUT 727'S, WHEN THE A320'S DELIVER. 2 DHC-6-300'S (686; 717), SOLD TO CANADIAN GENERAL AIRCRAFT.

APRIL 2001: 1,800 EMPLOYEES (INCLUDING 212 FC, 176 CA, & 24 MT).

SERVES 37 DESTINATIONS.

2000 = +$2.04M, PARTLY DUE TO SALE OF SOME AIRPLANES.

MAY 2001: 5 LATIN AMERICAN CARRIERS INCLUDING (ACE), MET IN (MIA) TO FORMALIZE ARRANGEMENTS, AND POOL INVESTMENTS, IN INFORMATION TECHNOLOGY (IT) - BOTH HARDWARE, AND SOFTWARE.

(ICAO) PRAISES (ACE) "FOR ITS RIGOROUS COMPLIANCE WITH TECHNICAL AND OPERATIONAL PROGRAMS AS A LEADER IN THE REGION'S SAFETY OVERSIGHT MANAGEMENT, INCLUDING INTERNAL ASSESSMENTS, REPORTS ON OPERATIONAL RISKS, PROMOTION, AND DISSEMINATION OF OPERATIONS SAFETY STANDARDS, INVESTIGATIONS OF INCIDENTS, AND IMPLEMENTATION OF EMERGENCY ACTIONS." MANY NATIONS IN THE NEARBY REGION HAVE LESS-THAN-STELLAR SAFETY REVIEWS.

JUNE 2001: GOVERNMENT REJECTS MERGER WITH AVIANCA (AVI).

DHC-6-300 TWIN OTTER (767) SOLD TO WESTWIND AIR.

AUGUST 2001: 30TH ANNIVERSARY!

TO DONATE ITS 1ST JET (727) TO THE AERONAUTICAL MUSEUM, MEDELLIN.

SEPTEMBER 2001: 1ST 6 MONTHS, HAS 26.6% DOMESTIC MARKET SHARE, & INTERNATIONAL SHOWED +20.9% (10.2% MARKET SHARE).

OCTOBER 2001: FACED WITH WORST CRISIS IN LATIN AMERICAN AVIATION HISTORY, THE HEADS OF 11 MAJOR AIRLINE MEMBERS OF THE LATIN AMERICAN AIR TRANSPORT ASSOCIATION (AITAL) INCLUDING: (ACE); (AVI); (AMX)/(CMA); (LAV); (AVN); (SEZ); (COP); (LAN); (TAC); (VAR); & (VSP), MET IN MIAMI TO SEEK SOLUTIONS, AND HELP FROM THEIR GOVERNMENTS.

DECEMBER 2001: COLOMBIAN, CIVIL AVIATION UNIT, AEROCIVIL, FINALLY APPROVED THE ALLIANCE OF ACES (ACE), WITH AVIANCA (AVI) & ITS (AVI) SUBSIDIARY (SAM), TO HAVE 70% DOMESTIC MARKET SHARE. REFERRED TO AS AN OPERATIONAL "INTEGRATION," RATHER THAN A MERGER, TO TAKE PLACE IN EARLY 2002.

A320-232 (1635, N635VX), & ATR42-500 (613, N316VX) DELIVERIES.

FEBRUARY 2002: 727-277 (20548) RETURNED TO LESSOR. WILL RETURN ALL 727'S, BY END OF 2002.

APRIL 2002: (ACE), AVIANCA (AVI), AND (SAM), WILL OPERATE UNDER NEW BRAND NAME, "SUMMA" (LATIN FOR "SUMMIT") ALLIANCE.

1,935 EMPLOYEES.

MAIN BASE: BOGOTA - ELDORADO (BOG).

(TELEPHONE: +57 (4) 360 2237). (FAX: +57 (4) 255 0630).

MAY 2002: AS PART OF NEW "SUMMA ALLIANCE," AVIANCA (AVI) WILL OPERATE BOGOTA - MIAMI (MIA), HOWEVER, (ACE) WILL DO NONSTOPS TO (MIA), FROM MEDELLIN, CALI, AND CARTAGENA. TO PUNTA CANA & SANTO DOMINGO (A320, 3/WEEK).

TO PAINT ALL AIRPLANES WHITE AND GREY, WITH SUMMA LOGO, AND NAME OF INDIVIDUAL CARRIER.

July 2002: New Alianza Summa logo (butterfly symbol) recognizes each airline's color: red for (ACE), orange for Avianca (AVI), and green for (SAM).

2001 = -$5.9M (+$2.1M): 1.2B RPK (-1.8%); 56.3% LF; 2.14M PAX (+3.2%); 26.39M FTK (-4.1%); 2,052 EMPLOYEES (+8.7%).

October 2002: Barranquilla - Miami. In 12/02, Bogota - Fort Lauderdale.

November 2002: Code share with Delta Airlines (DAL) by next summer, including frequent flyer tie-up.

Carlos Parra, Director Engineering (interim) Alienza Summa, replaces Julien Pineda, who left the company.

December 2003: Last 727-227 (1573-21997) withdrawn from use (WFU).

January 2003: 3 A320-233's (1834, N834VX; 1892, N892VX; 1902, N892VX) deliveries.

March 2003: 2,036 employees.

Parent organization/shareholders: Grupo Valores Bavaria (50%); Compania dev Inversiones de la Flta Mercante (25%); Federacion Nacional de Cafeteros (Oficina Central) (23%);, Others (2%).

Parent, Allianza Summma 2002 = -$29M (-$98M). Allianza Summa is jointly owned by brewery, Valores Bavaria (who previously owned Avianca (AVI) & (SAM), and the Colombian National Coffee Growers Federation (who previously owned Aces (ACE).

June 2003: (Telephone: +57 (4) 511 41 11). (FAX: +57 (4) 251 16 77).

(http://www. summa.aero). (svc@acescolombia.com.co).

Plans to return 8 ATR42's to leasing companies, as part of parent group, Alianza Summa's reorganization.

August 2003: Parent, Alianza Summa 1st 6 months = -# COP 128.3B/-$44.4M (-# COP 104.3T).

Shareholders voted to dissolve ACES (ACE) amid crippling debt and hours after it grounded its fleet. Has a $30M debt which hamstrings its ability to continue renting its fleet of Airbus airplanes and pay other debts.

6 A320-233's (739; 743; 1635; 1834; 1892; 1902), returned to lessors.

September 2003: 2002 = 1,087M RPK (-22.9%); 1.8M PAX (-28.1%).

2002 TOP WORLD AIRLINES PASSENGER TRAFFIC RPK (M):
200 (ARK) 1,174; 201 (SKM) 1,132; 202 (LUX) 1,104; 203 (ACE) 1,087; 204 (BMR) 1,051; 205 (TRX) 1,000; 206 (CRH) 983; 207 (NOD) 972; 208 (JAT) 972; 209 (ASY) 969; 210 (GHN) 942.

November 2003: Avianca and (SAM) parent, Alianza Summa will be liquidated, now that ACES (ACE) has ceased operation. There are no immediate plans to remove the Alianza Summa logo from their airplanes and ground facilities.

March 2004: ATR42-320 (284, CX-PUC), (GEF) leased.

July 2004: 2003 = 828M RPK (-15.3%); 55.7% LF; 956K PAX (-49%); 9.17M FTK (-54.4%).

Fleet:
(definitions)

Click below for photos:
ACE-A320
ACE-A320-214
ACE-A320-233
ACE-A320-233-B
ACE-A320-A

November 2005:

O 727-C3 (JT8D) (812-20418, /71), PARTED OUT.

0 727-C3 (JT8D) (819-20420, /71 HK-3745X), EX-(AAH), TO (LAR) 4/00. WFU.

0 727-225 (JT8D) (903-20620, /72 68 45 HK-2998X), EX-(AAV), (AAH) LSD. WFU.

0 727-227 (JT8D) (1573-21997, /80 47 31 HK-3738X), EX-(BNF)/(INH). WFU 12/02.

0 727-243 (JT8D) (1228-21267, /76 37 35 HK-4010), EX-(ALI), (AAH) LSD. WFU.

0 727-277 (JT8D) (907-20548, /72 64 42 HK-3977X), RTND (AAV) 2/02.

0 ORDERS A319-100. 4 CANCELED.

0 A320-233 (V2527E-A5) (739, VP-BVA; 743, VP-BVB; 839, VP-BVC; 864; 892, VP-BVD). (1635, N635VX), (DEA) 10 YR LSD 1/02. 1730 NTU, TO (TAC). (1834, N834VX). (1902, N902VX). (739; 743; 1635; 1834; 1892; 1902), RTND LESSORS. GROUNDED. WFU & RTND. 150Y OR 12C, 132Y.

0 DHC-6-300 TWIN OTTERS (PT6A-27) (510, /76) (684; 717; SOLD 1/01). (477, 510 ST TRANS ISLAND AIR 5/01). 767 SOLD 5/01. (718, /80 HK-2548; 749, /81 HK-2603; 760, /81 HK-2669), WET-LST ANTIOQUIA AIRLINES. ALL 3 GROUNDED. WFU. 20Y.

2 ATR42-320 (PW121) (261, /91, HK-3678X), 296 RTND (GEF) 7/01. GROUNDED. 261; 284, CX-PUC; RTND 8/03. 142 RTND 11/03. 47Y.

3 ATR42-512 (PW127E) (505, VP-BOF, 6/00). (510, /96 VP-BVE) (612) (504, /96 VP-BOE; 506, /96 VP-BOD, 10/00) (612, /00 VP-BOU, 12/00) (613, /01 N316VX, 12/01). 504; 506; RTND 8/03. GROUNDED. 47Y.

Management:
(definitions)

MARIO GOMEZ, CHAIRMAN.

SUMMA ALLIANCE (AVI); (ACE); & (SAM):

JUAN EMILIO POSADA ECHEVERRI, EX-(ACE), PRESIDENT & CEO (AVI)/(ACE) (3/02).

MAURICIO MEJIA, DIRECTOR TRAINING.

SANTIAGO HOYOS, DIRECTOR PLANNING & PRODUCTION CONTROL (3/03).

FERNANDO MORENO, DIRECTOR MATERIAL.

ZORA GARAVITO, CARGO DIRECTOR.

ALFONSO MEJIA, MANAGER MAINTENANCE.

GABRIAL DAZA, MANAGER ELECTRICAL OVERHAUL SHOPS.

JOSE CASTELLANOS, MANAGER MAINTENANCE CONTROL.

MS LORENA GRAJALES, FLEET PLANNING MANAGER (7/02).

EDWIN GAITAN, CHIEF POWERPLANT ENGINEERING (3/00).

 
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