Pluna


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Pluna

The first airline company in Uruguay. It was established in 1946 and was nationalized in 1951. In the 1990s, it was partially privatized and a 49% stake was sold to a Brazilian airline. However, the government re-purchased most of Pluna in 2006, taking 98% ownership.
References in periodicals archive ?
Bombardier said that the latest order from Pluna increases the total of firm orders for the CRJ900 and CRJ900 NextGen models to 265 aircraft, with 244 of these delivered as of 31 January 2011.
Even though Pluna was under new management, the company continued to lose money at first.
Fitch's Rating Case considers a 2.2% traffic increase for 2018 and 2019, and a 10% traffic reduction shock was applied in 2022 (10 years after Pluna's bankruptcy) in a through-the-cycle analysis.
('LARAH') in return for a 33.3% non-voting equity interest in the company, which translated into a 25% indirect ownership in Pluna.
CAGR for 2006-2014 was 5.5%, despite the bankruptcy of the country's flagship carrier, Pluna, and the resulting loss of capacity and status as a regional hub.
Pluna stated that it hopes to begin its flights between Santiago and Punta Arenas in December, and it confirmed that the agreements already exist to operate in the country.
Pluna, Bombardier Cosmo buys liquidated PlunaOs seven CRJ900s.
LARAH holds a 75% equity interest in Pluna Lineas Aereas Uruguayas SA.