Kavanagh From Chile, joined Nov 2000, 127 posts, RR: 0 Posted (9 years 10 months 1 week 4 days 20 hours ago) and read 3728 times:
Today i was watching this argentinean tv gossip show INTRUSOS. And there, talking about Susana Gimenez they were saying that her new boyfriend is the vice president of U AIR and this company is almost in bankrupcy. In the show they mention a loan the uruguayan government gave to UAIR and that they are not paying salary. Is this all just gossip?
CV990 From , joined Dec 1969, posts, RR:
Reply 3, posted (9 years 10 months 1 week 4 days ago) and read 3469 times:
That's quite sad! Last June 2004 I was on my way to Assuncion via Ciudad Del Este and already inside my TAM Mercosur Fokker F100 at Curitiba when I took a picture of one of the U AIR F100's that was parked there. I wonder how civil aviation works at Uruguai?
LipeGIG From Brazil, joined May 2005, 11494 posts, RR: 58
Reply 5, posted (9 years 10 months 1 week 3 days 23 hours ago) and read 3383 times:
They do a crazyness, choose debt for finance a new comer Low Cost Airline. But they forget some basic lessons from finance: debt needs interest and must be paid one day, it's not a perpetual public issuance. With bad results (loads was never higher than 55%), the equipment choosed was not the best for the south of Brazil (Tam mainly uses F100 on northeast routes were they are very appreciated by customers), and they start to fly on routes where competition is strongly established like GRU-MVD or without so much O&D market. And with 2 aircrafts they never could establish a hub or effective connections.
Also, Uruguay is well served with Pluna and some foreign carriers like Iberia, AA and RG.
The store in Sao Paulo Downtown has been closed after several months of rent delay.
New York + Rio de Janeiro = One of the best combinations !