Tag: Jazz Air

• Friday, July 6th 2012 - 06:39 UTC

  Uruguay’s flag carrier Pluna “indefinitely grounded” and most staff redundant

  

  Uruguay’s flagship carrier Pluna said on Thursday that is was “suspending all flights indefinitely” and announced that 720 of the 900 staff would be sent on unemployment pay until a new associate for the company is found or the airline is definitively sold.

• Wednesday, July 4th 2012 - 02:53 UTC

  Partly Canadian owned South American airline on the verge of bankruptcy

  

  Uruguay’s bankrupt flagship carrier Pluna decided on Tuesday to cancel all flights during 48 hours following an announcement from the union of a two-day strike to protest working conditions and rumours of 200 redundancies.

• 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.

• 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.