Category
page 1Airlines established in 1927
Iberia
flag-carrier airline of Spain
Pan Am
1927–2025 airline in the United States, former primary international carrier
Air Serbia
flag-carrier airline of Serbia

Varig
VARIG (, 'Rio Grandean Airways') was the first airline founded in Brazil, in 1927. From 1965 until 1990, it was Brazil's leading airline and virtually its only international one. In 2005, Varig went into judicial restructuring, and in 2006 it was split into two companies: Flex Linhas Aéreas, informally known as "old" Varig, heir to the original airline, now defunct; and "new" Varig, a new company, fully integrated into Gol Linhas Aéreas Inteligentes.

Aeroput
Aeroput () was an airline and flag carrier of Yugoslavia from 1927 until 1948.
Serviços Aéreos Cruzeiro do Sul
Brazilian aviation company founded in 1927 and absorbed into VARIG in 1993
Grand Canyon Airlines
airline
MacRobertson Miller Airlines
former airline company in Western Australia
Wien Air Alaska
first airline in Alaska, USA