Contigo Peru was a proposed LCC start-up by the Peruvian Government and local investors. The proposed airline would have served as the country's new flagship, replacing Aeroperú. The carrier's president Julian Palacin Fernandez was seeking USD500 million to launch operations, after the Ministry of Transport confirmed the government will not invest in the project. Contigo Peru was last reported to have signed an agreement with Scherman Strum to search for new investors. It is believed Contigo Peru failed to secure investors, and the project was subsequently abandoned.
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