Tag: PLUNA

• Friday, June 22nd 2012 - 08:27 UTC

  Canadian company still interested in recapitalization of Uruguay’s national airline

  

  Chorus Aviation Inc. says it is working with the Uruguayan government on the recapitalization of the country’s flag carrier Pluna, just days after the Canadian company said it won't invest more money to bail out the airline.

• Wednesday, June 20th 2012 - 06:37 UTC

  Uruguayan government takes over bankrupt airline from private investors

  

  The Uruguayan government has reassumed control of Pluna, the nation's flag carrier after the airline’s controlling shareholder Leadgate announced that it will withdrawal from the ownership structure of the company.

• Tuesday, June 5th 2012 - 07:46 UTC

  Canada and US closely monitoring Uruguay’s flag air carrier in the brink of default

  

  The governments of Canada and the US are “concerned” and “closely following” events in Uruguay’s flag air carrier Pluna since banks and an investment fund from the two countries are heavily involved in the running of the money-loosing company is spite of repeated financial support from the Uruguayan government.

• Friday, May 20th 2011 - 10:24 UTC

  Uruguayan airline Pluna planning to open new domestic routes in Chile

  

  For years LAN Chile has dominated the Chilean airways, but recent reports suggest Uruguayan based airline Pluna is hoping to open up new domestic flights within Chile, increasing the competition already offered by Sky airlines and PAL airlines.

• Wednesday, April 27th 2011 - 08:30 UTC

  Uruguay’s flag carrier Pluna orders three more Canadian CRJ900

  

  Canada’s Bombardier Aerospace said Monday it has received another follow-on order from Uruguay’s flag carrier Pluna for three CRJ900 NextGen regional jets, helping the manufacturer's efforts to avoid layoffs.

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

  Canadian Fund Invests in Uruguay’s Flagship Carrier PLUNA

  

  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.