Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR

Topic Author
Posts: 759
Joined: Mon Jan 01, 2007 12:48 pm

Plus Ultra Lineas Aereas under federal investigation in the US and Spain

Wed Jun 16, 2021 11:14 pm

Multiple agencies of the Spanish government including the Court of Auditors, the SEPI, are investigating Plus Ultra Lineas Aereas for possible fraud over the 53 million euro bailout money that the Spanish taxpayers gave to the airline. It is evident from reports that the Plus Ultra ownership is in fact Venezuelan and thought to have ties to the Venezuelan government however Plus Ultra denies it claims it is a Spanish airline when most of the Board of Directors are Venezuelan and Mexican. In addition one of the majority owners of Plus Ultra was detained at MIA last week and his US visa was cancelled and there is an ongoing investigation into origin of money held in Panamanian bank accounts.

Sources are in Spanish. ... lus-ultra/ ... xnwsa.html
Posts: 5031
Joined: Sun Aug 01, 2004 9:31 am

Re: Plus Ultra Lineas Aereas under federal investigation in the US and Spain

Thu Jun 17, 2021 12:05 am

PU has been a political scandal waiting to happen for quite some time now. Not only that it was bailed out with Spanish taxpayers´ money being a foreign majority owned airline, but the fact that during the worst of the pandemic the Spanish government awarded PU the monopoly of repatriation flights between Spain and Venezuela, in detriment of Air Europa and Iberia. ... b463f.html
Keep calm and wash your hands.

Who is online

Users browsing this forum: abfr1, ADL77W, atal17, Blerg, DALCE, dstc47, EightyFour, FARmd90, filLPA, Fiver, Google Adsense [Bot], LAX772LR, martynking, mfamguy79, SamYeager2016, sfojvjets, USAirKid, VolvoBus, VTBDflyer, Wingtips56 and 171 guests

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos