Mar 13 • 21:05 UTC 🇦🇷 Argentina La Nacion (ES)

The new airline Plus Ultra, from the rescue of 53 million euros to the judicial labyrinth involving Spanish politicians and Venezuelan capital

Plus Ultra airline, rescued with public funds, begins operations amidst investigations linking it to Spanish politicians and Venezuelan capital.

Plus Ultra Líneas Aéreas, a new airline that has recently been rescued with public funds amounting to 53 million euros by the Spanish government during the COVID-19 pandemic, is set to start flights between Buenos Aires and Madrid. The financial support raised eyebrows given that the airline only held less than 1% market share at the time of the rescue. This decision has drawn scrutiny and raised questions about the transparency and justification behind such a significant government intervention for a relatively small airline at a time of economic crisis.

In light of the ongoing investigations, various links have emerged connecting Plus Ultra with Spanish socialist politicians, particularly with José Luis Rodríguez Zapatero, a former Prime Minister of Spain. Allegations of money laundering and questionable investments from Venezuelan capital have further complicated the narrative. The question of how such funds were appropriated and the potential political implications could shape the future of not only Plus Ultra but also the reputations of those involved.

As the airline prepares to operate its new route, the backdrop of legal challenges and the potential fallout from these investigations raises concerns about accountability in the management of public funds. Stakeholders are watching closely, as the outcomes of these inquiries could have far-reaching consequences for the airline industry in Spain, as well as for political figures linked to the case, potentially affecting public trust in government interventions related to private entities.

📡 Similar Coverage