Plus Ultra announced this Wednesday that it has signed an agreement to incorporate five long-haul aircraft with which it wants to boost its routes with Latin America and Africa, basically from Madrid.
The company currently has five models of the Airbus A330 and one of the A340. It will be separated from the latter in 2025, so that will keep ten planes for intercontinental routes, which are the bulk of its activity. The configuration isThe planes carry a maximum of 299 passengers.
The airline, whose rescue of 53 million It was one of the most controversial of those carried out by Sepi due to the firm’s alleged links.
The company currently has five models of the Airbus A330 and one of the A340. It will be separated from the latter in 2025, so that will keep ten planes for intercontinental routes, which are the bulk of its activity. The configuration isThe planes carry a maximum of 299 passengers.
The airline, whose rescue of 53 million It was one of the most controversial of those carried out by Sepi due to the firm’s alleged links with Chavismo. In Venezuela, it operates 32 weekly round-trip frequencies between Spain and four countries: Peru, Colombia, Equatorial Guinea and Venezuela.
Plus Ultra will receive the new ships within a period of 18 months and has not made public the purchase amount for confidentiality reasons. However, the list price of an A330 exceeds 200 million euros. Some groups that do refer to the theoretical price of the aircraft they buy, such as IAG, always clarify that the real cost is much lower when discounts are applied for large orders.
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Plus Ultra plans to increase its workforce by around 40%, on its way to a thousand people. The company has registered in the first five months of the year 125,120 passengers, 17% more than last year, according to Aena data. Its main markets are Venezuela (38%) and Peru (33%), followed by Colombia (22%).
The company also operates charter flightswhich add up to a quarter of its turnover, which in its last financial year with available data, ending January 31, 2023, amounted to 156 million euros, with losses of 8 million.
The airline is not among those proposed by Iberia as a candidate to transfer Air Europa frequencies to it in the negotiations to obtain approval from the European Commission for the purchase of the Globalia subsidiary.
