AerOasis was legally established at Section 33 from GEPA in March 2006, with the support of LAN Airlines, who intended to expand into Colombia.[1] It would have been a subsidiary of the LATAM Airlines Group if it started operations by 2012. LAN started its expansion at the beginning of 2011 with the purchase of AIRES and was to finish when AerOasis started flying. However, after purchasing AIRES, LAN changed plans and decided to stop the plan for AerOasis.[2]