So airline competition will be based on how good the in-flight experience is for travelers, Parker said on CNBC's "Squawk Box." "The three of us have now the ability to take people pretty much anywhere in the world.What used to be a business where it was purely on schedule, if you have the ability to take people everywhere, you have to compete on product.TACA began operations with a single-engine Stinson plane.
Catalinas built by other manufacturers for the US Navy were designated according to different manufacturer codes, thus Canadian Vickers-built examples were designated PBV, Boeing Canada examples PB2B (there already being a Boeing PBB) and Naval Aircraft Factory examples were designated PBN.
TACA Airlines was the second-oldest continuously operating airline brand in Central America and the Caribbean after Cubana de Aviación.
TACA was founded in 1931 in Honduras by New Zealander Lowell Yerex.
The Vickers Viscount turboprop passenger airliner followed in order to expand its route network around the Americas.
On 28 December 1966, TACA Airlines entered the jet age when it inaugurated their first jet, a BAC One Eleven (which was a popular twin jet airplane at the time with other airlines in Latin America).