The story
In 1993, a group of private shareholders who owned hotels in San Andrés founded the airline with the idea of specializing in the national tourism of the San Andrés, also linked hotels on the island to organize tour packages. The company started with charter flights, with 2 rented Boeing 727-200. The airline later acquired a Boeing 727-100 with flights to Bogotá, Cali and Medellín. With the first aircraft, flights began on November 6, 1993.
Bankruptcy
In June 1994, the airline was accused of carrying out illegal flights on which narcotics were transported, and then its liquidation was ordered, without having completed a year of operations. This demonstrated the need to supply the domestic market and create new airlines that competed with the other airlines in the country, like Avianca, SAM, Intercontinental de Aviación and ACES.
From Wikipedia’s article on Isleña Colombia, shared under CC BY-SA 4.0.3