Bookmark this story
ch-aviation
• Daniel Martinez Garbuno
Plus Ultra begins creditor negotiations as restructuring targets its 679 employees, fleet and routes
The Spanish airline has told a court it has begun talks with creditors and has up to three months, extendable by another three, to agree a restructuring plan. The plan would shrink its fleet and destination network and permanently eliminate jobs; a collective redundancy process covers all 679 employees, though the number of affected roles has not been specified.
