LAB Airlines (Cochabamba) seems to be planning to resume operations as early as December 15. According to Bolivian media reports, an Abu Dhabi based investor is willing to invest up to $350 million USD to revive the carrier and establish it as a major player in the Bolivian market. Unlike previously reported by ch-aviation, LAB Airlines plans to operate scheduled passenger services, initially possibly with the two B727-200Adv. aircraft (CP-1366, MSN 21494 and CP-1367, MSN 21495) it had last operated some years ago before the aircraft were dry-leased to air force owned competitor Transporte Aéreo Militar - TAM (La Paz El Alto).