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Pluna Returns To ASU  
User currently offlinePZ From Paraguay, joined Oct 2007, 171 posts, RR: 0
Posted (5 years 10 months 1 week 1 day 23 hours ago) and read 1984 times:

Today (OCT 29) PU started serving ASU again! The CRJ arrived in ASU at 13:05! Good luck to PU!

15 replies: All unread, jump to last
 
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 1, posted (5 years 10 months 1 week 1 day 20 hours ago) and read 1952 times:

Good days for ASU! Apart from PZ A320s, you also have the arrival fo TA and now PU!

Rgs,


User currently offlineLVZXV From Gabon, joined Mar 2004, 2041 posts, RR: 37
Reply 2, posted (5 years 10 months 1 week 1 day 17 hours ago) and read 1919 times:

Fingers crossed though, for January '09 will be the moment of truth for PU:

Will they or will they not be able to start paying for their 7 CRJs (up to know they are not)?

Will Leadgate quit clowning around and start clearing its $12 million debt with Uruguayan fuel provider ANCAP? As well as outstanding debts with other major providers?

Will they sign a serious deal with IB so as to be able to feed international traffic through the supposed "hub" of MVD to justify all these new regional routes?

Will Leadgate stay or go? If the latter, what will the Uruguayan government do?

Uruguay as a country is going to be hit pretty hard by not just the global Credit Crunch but once again as the collateral for Argentina's own upcoming collapse. Simply put: Will there be the money for PU to do well?

Saludos,

ZXV



How do you say "12 months" in Estonian?
User currently offlineLipeGIG From Brazil, joined May 2005, 11438 posts, RR: 58
Reply 3, posted (5 years 10 months 1 week 1 day 16 hours ago) and read 1905 times:
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Quoting LVZXV (Reply 2):
Will they sign a serious deal with IB so as to be able to feed international traffic through the supposed "hub" of MVD to justify all these new regional routes?

If it's the focus, the strategy seems to be correct focusing on destinations not served non-stop to MAD (except for GIG and GRU).

Quoting LVZXV (Reply 2):
Will Leadgate quit clowning around and start clearing its $12 million debt with Uruguayan fuel provider ANCAP? As well as outstanding debts with other major providers?

LVZXV, this is recent ?



New York + Rio de Janeiro = One of the best combinations !
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 4, posted (5 years 10 months 1 week 1 day 15 hours ago) and read 1895 times:



Quoting LVZXV (Reply 2):
Fingers crossed though, for January '09 will be the moment of truth for PU:

Will they or will they not be able to start paying for their 7 CRJs (up to know they are not)?

Will Leadgate quit clowning around and start clearing its $12 million debt with Uruguayan fuel provider ANCAP? As well as outstanding debts with other major providers?

Will they sign a serious deal with IB so as to be able to feed international traffic through the supposed "hub" of MVD to justify all these new regional routes?

Will Leadgate stay or go? If the latter, what will the Uruguayan government do?

Uruguay as a country is going to be hit pretty hard by not just the global Credit Crunch but once again as the collateral for Argentina's own upcoming collapse. Simply put: Will there be the money for PU to do well?

You are completely correct. It seems Leadgate did not provide the type of partnership everybody was expecting. The closure of important routes such as MVD-MAD and the return of the only widebody of PU's fleet (B767) was considered by many testament of the lack of commitment of Leadgate in PU business model. Nowayds PU operates MAD and MIA via codeshare arrangements with IB and AA respectively.

As expect, Leadgate is an equity fund and had only targeted short-sighted profit.

Rgs,


User currently offlineLVZXV From Gabon, joined Mar 2004, 2041 posts, RR: 37
Reply 5, posted (5 years 10 months 1 week 1 day 15 hours ago) and read 1891 times:



Quoting LipeGIG (Reply 3):
LVZXV, this is recent ?

Yes it is. It was actually $13 million, but just when ANCAP was threatening to provide no more fuel the following day, Leadgate gave them a cheque for $1 million to buy time.

Quoting Hardiwv (Reply 4):
It seems Leadgate did not provide the type of partnership everybody was expecting.

Quite a number of people were unconvinced by Leadgate from the beginning, both inside and outside of PU. I consider myself one of the latter category--nothing ever seemed very "real" with this consortium.

Quoting Hardiwv (Reply 4):
Nowayds PU operates MAD and MIA via codeshare arrangements with IB and AA respectively.

Are said codeshare agreements actually enforced or not yet?

Quoting Hardiwv (Reply 4):
As expect, Leadgate is an equity fund and had only targeted short-sighted profit.

Agree 100%.

Saludos,

ZXV



How do you say "12 months" in Estonian?
User currently offlineLipeGIG From Brazil, joined May 2005, 11438 posts, RR: 58
Reply 6, posted (5 years 10 months 1 week 1 day 15 hours ago) and read 1880 times:
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Quoting LVZXV (Reply 5):
Yes it is. It was actually $13 million, but just when ANCAP was threatening to provide no more fuel the following day, Leadgate gave them a cheque for $1 million to buy time.

This is a problem .. not a good business attitude.



New York + Rio de Janeiro = One of the best combinations !
User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 7, posted (5 years 10 months 1 week 1 day 12 hours ago) and read 1827 times:



Quoting LVZXV (Reply 5):
Are said codeshare agreements actually enforced or not yet?

Hola, Maximo. They are enforced and bookable via PU's website to both MIA and/or MAD.

Rgs,


User currently offlinePU752 From Uruguay, joined Mar 2005, 584 posts, RR: 1
Reply 8, posted (5 years 10 months 1 week 1 day 7 hours ago) and read 1761 times:



Quoting LVZXV (Reply 5):
Yes it is. It was actually $13 million, but just when ANCAP was threatening to provide no more fuel the following day, Leadgate gave them a cheque for $1 million to buy time.

ANCAP cut fuel to Pluna yesterday because of its debt of $13million, they're now fuelling with Petrobras, it does not sound good does it? they're carrying debts from all places.
Things are bad, huge debts, and millions of $$ losses per month, internal problems with pilots, security and maintenance.
Loads for all destionations except Buenos Aires and Santiago, are poor, cargo no longer exists for Pluna to keep profitable flights and balance a little the weak loads either.... so, I hope everything turns out the right way.


User currently offlineHardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 50
Reply 9, posted (5 years 10 months 1 week 1 day 7 hours ago) and read 1741 times:



Quoting PU752 (Reply 8):
ANCAP cut fuel to Pluna yesterday because of its debt of $13million, they're now fuelling with Petrobras, it does not sound good does it? they're carrying debts from all places.
Things are bad, huge debts, and millions of $$ losses per month, internal problems with pilots, security and maintenance.
Loads for all destionations except Buenos Aires and Santiago, are poor, cargo no longer exists for Pluna to keep profitable flights and balance a little the weak loads either.... so, I hope everything turns out the right way.

Thanks for the update. Indeed, it seems the situation is serious and PU is on the verge of collapse. How come that in the midst of such situation they even manage to launch new routes like ASU?

Rgs,


User currently offlineLipeGIG From Brazil, joined May 2005, 11438 posts, RR: 58
Reply 10, posted (5 years 10 months 1 week 1 day 7 hours ago) and read 1737 times:
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Quoting PU752 (Reply 8):
Things are bad, huge debts, and millions of $$ losses per month, internal problems with pilots, security and maintenance.



Quoting PU752 (Reply 8):
Loads for all destionations except Buenos Aires and Santiago, are poor, cargo no longer exists for Pluna to keep profitable flights and balance a little the weak loads either.... so, I hope everything turns out the right way.

Too bad, seems that their plans are not doing good. And future probably is dark as ANAC just announced Brazil now can even fly more to Uruguay. PU is not in condition to fight against G3/JJ to places like São Paulo.



New York + Rio de Janeiro = One of the best combinations !
User currently offlinePU752 From Uruguay, joined Mar 2005, 584 posts, RR: 1
Reply 11, posted (5 years 10 months 1 week 1 day 6 hours ago) and read 1722 times:



Quoting Hardiwv (Reply 9):
Thanks for the update. Indeed, it seems the situation is serious and PU is on the verge of collapse. How come that in the midst of such situation they even manage to launch new routes like ASU?

Because the 6th and 7th CRJ should be arriving within a month and a half, just 5 planes to Pluna is more than enough and 2 more to come, they have to fly somewhere if not how would Leadgate justify the purchase of 7 planes? ... Pluna with RG managment always had 3 o 4 732 for the entire network serving the same destionations as nowadays with no problem at all, 7 planes looks like a lot for Pluna regarding its financial situation.

Quoting LipeGIG (Reply 10):
PU is not in condition to fight against G3/JJ to places like São Paulo

Yeah, I agree.


User currently offlineLipeGIG From Brazil, joined May 2005, 11438 posts, RR: 58
Reply 12, posted (5 years 10 months 1 week 1 day 3 hours ago) and read 1663 times:
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It was a good business plan, but probably they changed it a lot. They should focus on short range destinations like POA and consolidated routes as AEP and SCL. And if their plans were to feed the 763 and to increase long haul, CRJ's become expensive and even too much to connect CWB to AEP (since the Bs Aires route performs very well alone).

Quoting PU752 (Reply 11):
Because the 6th and 7th CRJ should be arriving within a month and a half, just 5 planes to Pluna is more than enough and 2 more to come, they have to fly somewhere if not how would Leadgate justify the purchase of 7 planes?

Well.. as i mentioned above, probably was part of the Business Plan.



New York + Rio de Janeiro = One of the best combinations !
User currently offlinePU752 From Uruguay, joined Mar 2005, 584 posts, RR: 1
Reply 13, posted (5 years 10 months 1 week 1 day 2 hours ago) and read 1657 times:



Quoting LipeGIG (Reply 12):
It was a good business plan, but probably they changed it a lot. They should focus on short range destinations like POA and consolidated routes as AEP and SCL. And if their plans were to feed the 763 and to increase long haul, CRJ's become expensive and even too much to connect CWB to AEP (since the Bs Aires route performs very well alone).

Exactly, when the situation is as bad as it is now, they should focus on profitable markets only(AEP SCL and probably GRU) thats it, they ARE loosing money with other markets, but how can they focus on those cities when they bought 7 planes ? Its difficult I know, but the idea of the "hub" adding markets as ROS COR GIG CWB and ASU its kind of a illusion, since this could've worked IF they followed their business plan in which by now we should've 4 A330 flying daily to MAD and MIA.
They key was dropping MAD route and of course the GIG stop-over first, which followed todays results.

Unfortunately, and I hope not, this will probably end as Uair just about 2004/2005.


User currently offlineLipeGIG From Brazil, joined May 2005, 11438 posts, RR: 58
Reply 14, posted (5 years 10 months 1 week 16 hours ago) and read 1577 times:
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Quoting PU752 (Reply 13):
Exactly, when the situation is as bad as it is now, they should focus on profitable markets only(AEP SCL and probably GRU) thats it, they ARE loosing money with other markets, but how can they focus on those cities when they bought 7 planes ? Its difficult I know, but the idea of the "hub" adding markets as ROS COR GIG CWB and ASU its kind of a illusion, since this could've worked IF they followed their business plan in which by now we should've 4 A330 flying daily to MAD and MIA.
They key was dropping MAD route and of course the GIG stop-over first, which followed todays results.

Unfortunately, and I hope not, this will probably end as Uair just about 2004/2005.

That's the key, their business plan is great, but they need to focus on non-existant city-pairs and the long haul feed. That's why i imagine POA would perform very well. Another issue is that they use less than they could the planes, and nowadays, you can't do that.
MAD-GIG-MVD was a good flight, not an amazing result, but generate profits. PU should try to improve it's service, create a real Business Class and would be easy to hold a strong position.



New York + Rio de Janeiro = One of the best combinations !
User currently offlineSJOtoLIR From Costa Rica, joined Jul 2007, 4488 posts, RR: 4
Reply 15, posted (5 years 10 months 6 days 15 hours ago) and read 1456 times:



Quoting Hardiwv (Reply 1):
you also have the arrival fo TA and now PU!

Correct.
TA LIM-ASU-MVD 3x weekly will commence on December 15th.
No traffic rights between Asuncion and Montevideo.
Regards.



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