This article analyses the early Chilean State experience in the management of its flag-carrying airline, Línea Aérea Nacional. Drawing on Línea Aérea Nacional documents as well as newspapers, laws, and parliamentary debates, the article reconstructs the development of the company between 1929 and 1945. The central argument of this article is that, although Línea Aérea Nacional was created as an instrumental State-owned enterprise to ensure national sovereignty, the airline lived through three stages, each one of them dependent on the economic policy priorities of the different governments. The first stage started with Línea Aérea Nacional's initial activities; the second stage covers the period 1932–40 and was characterised by a financial and operational crisis. During the third stage (1941 onwards) a scheme of long-lasting State financing was granted. It allowed Línea Aérea Nacional to renew its fleet, expand – nationally and internationally – its routes, and improve its financial and operational outcomes.

中文翻译：

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“绝对是智利的机构”。Línea Aérea Nacional, 智利 (1929–45)

本文分析了智利国家早期管理其挂旗航空公司 Línea Aérea Nacional 的经验。文章借鉴了 Línea Aérea Nacional 文件以及报纸、法律和议会辩论，重构了该公司在 1929 年至 1945 年之间的发展。本文的中心论点是，尽管 Línea Aérea Nacional 是作为一个工具性国家创建的——为确保国家主权，航空公司经历了三个阶段，每个阶段都取决于不同政府的经济政策重点。第一阶段始于 Línea Aérea Nacional 的初步活动；第二阶段涵盖 1932-40 年期间，其特点是金融和运营危机。在第三阶段（1941 年以后），一项长期的国家资助计划获得批准。它允许 Línea Aérea Nacional 更新其机队，扩大国内和国际航线，并改善其财务和运营成果。