[1] Its flights operate from Silvio Pettirossi International Airport in Asunción.

The airline was established on November 17, 1962, and started operations in 1963 as Líneas Aéreas Paraguayas.

On September 1, 1996, Aerolíneas Paraguayas (a subsidiary of TAM Linhas Aéreas) purchased 80% of the majority shares of the airline, which by then both airlines were merged under the name TAM – Transportes Aéreos del Mercosur.

It was then sold to TAM Linhas Aéreas later that year on October 6, which used two Fokker 100 jets to cover regional destinations.

a.^ Route operated by Paranair on behalf of LATAM Paraguay as wet-lease.