Despite Somoza Garcia's thoroughly undemocratic actions after winning the 1936 Presidential elections his opportunistic support of the Allied war effort during WW2 not only enabled him to build up an enormous fortune but also to gain the interest of Pan Am which setup LANICA as a subsidiary with PA holding a 40% share. Initially the Somoza's obvious corruption and suppression of freedoms earned the ire of the US but the country's anti-communist stance and some deft politiking enabled Somoza to keep the US on side and LANICA to grow.
The airline's first jet was a BAC One-Eleven leased from Aer Lingus in late 1966 whilst the airline awaited its own One-Eleven 400, which arrived in October 1967. This plane was jointly operated with TAN and served for 5 years.
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AN-BLX (above) was originally N8808E delivered to Delta in October 1960 and sold to Boeing in 1973. After the 727 replaced it BLX became N90450 and then N819AJ. She was purchased by Torco Oil Co in late 1993 and broken up at Mojave in December 1999.
LANICA's ownership passed to the Junta of National Reconstruction but its debts were not accepted. Operations continued but bankruptcy was declared in March 1981 and the company folded to be replaced by a new flag carrier - Aeronica, whose history was short and turbulent itself. At the time of LANICA's demise its fleet consisted of 2 727-100s, 3 C-46s and a DC-6. Nicaragua would continue to suffer through the 1980s - a victim of the Reagan Administration's meddling, the Cold-War in general, the Catholic Church and internal strife between the Sandinista movement and other domestic groupings.