|Founded||15 September 1928|
|Commenced operations||27 September 1928|
|Ceased operations||December 3, 1997|
|Destinations||17 (at the time of closure)|
|Headquarters||Jorge Chávez International Airport|
Lima, Lima Province, Perú
|Key people||Elmer J. Faucett|
Compañía de Aviación Faucett, colloquially known simply as Faucett Perú or Faucett, was a Peruvian airline.
Elmer J. Faucett had been sent to Peru as a representative of the Curtiss Export Company, arriving in the country from the United States in 1920.:470 In 1928, he and a group of Peruvian business men joined together to found the first commercial airline in Peru, and one of the first in Latin America. With an initial investment of £2,500,:471 the company was formed on 15 September 1928, and started operations on 27 September that year. In 1937, the airline absorbed Cia de Aviacion Peruanas SA from Panagra. At April 1938 , the route network was flown with seven planes manufactured by the Stinson Aircraft Company, and included Chiclayo, Ica, Lima, Sabados and Talara.
Having their initial investment increased to £200,000 by 1943, Elmer Faucett bought a large number of aircraft from the United States in 1945.:471
By March 1960DC-3s, four DC-4s and four Faucett Stinson F-19s to serve a route network that was 6,368 miles (10,248 km) long. A second-hand Douglas DC-6B acquired from Panagra was incorporated into the fleet in the early 1960s. Another DC-6B was acquired in late 1964 and was converted to DC-6B(F) standard with a large rear freight door. This was operated on cargo services to Miami, Florida., the airline had a fleet of eight
In 1973, Faucett was owned by Peruvian interests (46%), the Fundación Faucett (35%) and Braniff International Airways (19%). The cargo-only airline Aeronaves del Peru became Faucett's biggest shareholder in 1982.
The 1990s economic liberalization under Alberto Fujimori, after years of economic and political chaos (as well as a violent Maoist insurgency), brought a series of measures aimed at the privatization and deregulation of the airline market. A series of short-lived airlines sprung up during this decade (in the style of Russian Babyflots), stated-owned Aeroperú was partly sold to Mexican investors and the rise of low-fare Aero Continente as the biggest domestic airline, contributed to the slow decline of Faucett. A series of high-profile accidents, especially Faucett's crash in Arequipa and Aeroperú Flight 603 (both in 1996) affected the safety reputation of the Peruvian airline industry, with even the US Embassy in Lima banning their employees from flying on Aero Continente and, more broadly, advising caution to US citizens flying on Peru's airlines.
In the end, problems with the economic-financial structure of the airline (with debts even with CORPAC for airport services), forced it to cease operations on December 3, 1997. Despite claiming that the 45-day closure would be temporary until government approval, all 1,250 employees were dismissed. Faucett incurred over US$1 million in debt. By 1998, the former directors and employees were engaged in legal battles over labor and management issues, as well as accusations over bankrupting the company. The airline was liquidated in 1999.
Faucett Perú served the following destinations:
Faucett Perú operated the following equipment all through its history: