Dr Jorge Loring, controlling shareholder of Compañía Española de Tráfico Aéreo, founded company bearing his name in Madrid 1922, using army airfield at Cuatro Vientos. Built 20 Fokker C.IV under licence, but designer D. Eduardo Barrón produced original designs of single-engined biplane: R.1 recon (30), R.2 recon-bomber, R.3 recon-bomber (86), T.1 and T.2 trainers and C.1 fighter. Also built early Cierva autogyros under licence.

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