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Montevideo, March 28th 2024 - 15:13 UTC

Tag: Joseph Randell

  • Tuesday, April 27th 2010 - 21:40 UTC

    Canadian Fund Invests in Uruguay’s Flagship Carrier PLUNA

    A Uruguayan flagship carrier PLUNA aircraft

    Jazz Air Income Fund has agreed to invest 15 million US dollars for an indirect stake in Uruguay's flagship carrier, Pluna. The fund behind Air Canada's regional affiliate, Jazz Air, said that it will get a one-third, non-voting interest in Latin American Regional Aviation Holding Corp., which owns 75% of Pluna Lineas Aireas Uruguayas. The remaining 25% of Pluna is held by the government of Uruguay.