Y luego dicen que los SLOTS, no tienen valor, bueno eso hacen creer en MEX.
¿Que pasaria con los route rights de aerocalifornia? ¿ o los de aviacsa?
¿Que pasaria con los route rights de aerocalifornia? ¿ o los de aviacsa?
By Edvaldo Pereira Lima | July 23, 2012
Uruguay's government-owned Pluna Lineas Aereas Uruguayas (PU), which suspended operations July 3 (ATW Daily News, July 9), will auction off its fleet of seven Bombardier CRJs and route rights within 60 days.
Following a law passed July 17, the Uruguayan government will not own a stake in a new airline to replace the 75-year-old PU—which became a state-owned organization in 1951 and had a complex management and capital share status since 1995 that involved state and private investors. It was first managed by Varig. In 2007, the government replaced Varig with the Argentine investment group Leadgate as its major partner, but the deal ended June 15 after its debt was estimated to have reached $380 million.
PU carried approximately 20% of the 3 million international visitors to Uruguay last year.
The carrier’s workers union has announced it will establish a cooperative and participate in the auction, backed by an undisclosed private investor ready to invest $200 million in the airline. Its fleet value is estimated to be $135 million, but no figures have been announced regarding route rights.
Of PU’s 16-destination route network, its top route was the Montevideo (MVD)-Buenos Aires (EZE) shuttle, which represented 30% of all services. The carrier operated 60 weekly services on this route and had reached a 75% load factor in 2011; boarding passengers grew from 422,000 to 543,000.
Uruguay’s minister of transportation Enrique Pintado told local media the government is meeting with different business groups interested in the airline. One of the candidates according to local press is Argentine business tycoon Juan Carlos López Mena, owner of the river boat Buquebus company that provides services between Montevideo and Buenos Aires, and of regional carrier BQB Líneas Aereas. López Mena has told local press he would be interested in PU’s route rights only and—if declared winner of the September auction—would rather operate the route with BQB’s fleet of ATR 72-500s instead of PU’s Bombardier aircraft.
If the government does not get an offer equivalent to the expected $135 million, a second auction will be held.
In the meantime, Aerolíneas Argentinas and co-sister Austral have announced they will increase weekly frequencies from 18 to 50 from Aug. 1 on joint services in the MVD-EZE city pair route.
Following a law passed July 17, the Uruguayan government will not own a stake in a new airline to replace the 75-year-old PU—which became a state-owned organization in 1951 and had a complex management and capital share status since 1995 that involved state and private investors. It was first managed by Varig. In 2007, the government replaced Varig with the Argentine investment group Leadgate as its major partner, but the deal ended June 15 after its debt was estimated to have reached $380 million.
PU carried approximately 20% of the 3 million international visitors to Uruguay last year.
The carrier’s workers union has announced it will establish a cooperative and participate in the auction, backed by an undisclosed private investor ready to invest $200 million in the airline. Its fleet value is estimated to be $135 million, but no figures have been announced regarding route rights.
Of PU’s 16-destination route network, its top route was the Montevideo (MVD)-Buenos Aires (EZE) shuttle, which represented 30% of all services. The carrier operated 60 weekly services on this route and had reached a 75% load factor in 2011; boarding passengers grew from 422,000 to 543,000.
Uruguay’s minister of transportation Enrique Pintado told local media the government is meeting with different business groups interested in the airline. One of the candidates according to local press is Argentine business tycoon Juan Carlos López Mena, owner of the river boat Buquebus company that provides services between Montevideo and Buenos Aires, and of regional carrier BQB Líneas Aereas. López Mena has told local press he would be interested in PU’s route rights only and—if declared winner of the September auction—would rather operate the route with BQB’s fleet of ATR 72-500s instead of PU’s Bombardier aircraft.
If the government does not get an offer equivalent to the expected $135 million, a second auction will be held.
In the meantime, Aerolíneas Argentinas and co-sister Austral have announced they will increase weekly frequencies from 18 to 50 from Aug. 1 on joint services in the MVD-EZE city pair route.
