Plus Ultra and Laser Airlines negotiate strategic alliance

Spanish airline Plus Ultra is in advanced negotiations with Venezuelan carrier Laser Airlines to establish a strategic alliance. The partnership aims to expand international operations, specifically targeting new routes to destinations such as Lisbon, Portugal, and Santiago, Chile.

This move is part of Plus Ultra’s broader strategy to secure strategic investment and ensure long-term financial and operational viability. The airline is also reportedly in talks with Iberojet and is evaluating several other refinancing alternatives.

Laser Airlines, founded in 1993, currently focuses on national and regional flights using a fleet of McDonnell Douglas MD-80 aircraft. Because the company lacks wide-body aircraft for transatlantic travel, it often leases aircraft and crews for long-distance routes. The proposed cooperation would allow Plus Ultra to strengthen its presence in both Europe and Latin America.