On 13 October 1976, a Boeing 707-131F, a chartered cargo aircraft operated for Lloyd Aéreo Boliviano (LAB) crashed shortly after takeoff at El Trompillo Airport, Santa Cruz de la Sierra, Bolivia, into a residential neighbourhood.

[3] In October 1976, the aircraft was leased by LAB[3] from its owner Jet Power Inc of Miami, Florida, by this time registered N730JP, and was put into charter service.

[4] Its previous flight was from Houston, Texas to El Trompillo Airport, and had been carrying oil well machinery and other general cargo.

At 13:32, according to eyewitness accounts, there was an explosion and a fire in one of the left Pratt & Whitney J57 / JT3C engines before the plane crashed.

[8] Unlike the reports, the witnesses say that an engine failed during takeoff, which meant that the aircraft had insufficient thrust to stay airborne.