A Panamanian investment company has purchased the outstanding shares of former Uruguayan flag carrier Pluna Lineas Aereas Uruguayas and, through arbitration, plans to seek financial compensation for Uruguay’s alleged role in wiping the airline out, ATW’s sister publication Aviation Week has learned. A source with knowledge of the proceedings confirmed Caballero Verde S. de R.L. (Caballero) recently took control of the Latin American Regional Aviation Holding Corp. (Larah), the ...

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