Plus Ultra Prepares an ERE that Threatens Its 679 Workers and Cuts Fleet and Routes After the Controversial Rescue of 53 Million From the Government
13 Articles
13 Articles
Other measures proposed to reverse this scenario of serious economic difficulties are a reduction of more than 61% of eating hours...
Plus Ultra, the airline that in 2021 benefited from a bailout of 53 million euros approved by the government after considering it "strategic" -even though at that time only one aircraft operated - has formally communicated to the unions its intention to initiate a collective dismissal procedure (ERE) that could affect ... Continue reading "Plus Ultra prepares an ERE for all its staff in the face of the difficulty of returning the rescue and the …
The airline is preparing a far-reaching restructuring
Despite the controversial bailout of 53 million euros he received from the government following the pandemic, the serious financial situation of the Plus Ultra airline has led to...
elcorreogallego.es
Plus Ultra has formally announced its intention to initiate a collective dismissal procedure (ERE), accompanied by a definitive suspension of certain transatlantic routes, due to economic, productive and organisational causes, aggravated by fuel prices, lack of liquidity and lack of concrete progress in discussions with potential investors.
According to the Spanish media El Economista, Plus Ultra is preparing an important restructuring that would include the presentation of a preconcurso of creditors and an ERE (employment regulation file) that would affect much of its approximately 679 employees.The latter is basically a procedure to reduce staff for economic or organizational reasons.Curiously... The entry In Spain they report that Plus Ultra would stop flying to Buenos Aires was…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
