As Peru entered the 1990s both its largest airlines, AeroPerú and Faucett Perú, had serious financial problems. These forced the competitors together, albeit briefly, before they went there separate ways again. Both would use the Lockheed Tristar but neither would be able to survive the changing political and competitive landscape of the 90s.
Right: A Faucett 737 in the new colours in 1994
Faucett took the opportunity to prove its Peruvian credentials by taking up the red and white colours that AeroPerú had just discarded. Faucett had planned on using a green livery but saw AeroPerú's change as giving it an opportunity. A bright red and white scheme was the result and TV spots exclaimed: "Our colors are Peru's colors." Faucett only had $1 million for the entire campaign but it hit home and AeroPerú was forced to respond admitting its colour change was an error and running ads with its aircraft over Peruvian national treasures. Nonetheless AeroPerú's marketing budget was substantially larger than Faucett's at $3 million and helped it grow its load factor to 58% from 49% by 1994.
In 1995 Faucett began to fly for APA of the Dominican Republic, which had no suitable aircraft, and its Tristars gained APA titles for a period. This only lasted until the start of 1995 however and OB-1545 was stored at Miami. Another ex-Eastern Tristar joined the fleet in late 1996 but Faucett's financial position was not looking good.
Magnusson, M. Latin Glory: Airlines of Latin America. Airlife
McClintock, C & Vallas, F. The United States and Peru: Cooperation at a Cost
Morton, J.K. Flying Colours: Airlines Colour Schemes of the 1990s, Airlife
Stinsson, D. AeroPeru Flies Higher With Brand New Image. 1994
1998. Deluge of Troubles Flood Peru. Flight Global
1993. Peruvian government upholds sale of Aeroperu to Aeromexico consortium. UPI Archives