LAW interested in acquiring Alas Uruguay

The Chilean airline Latin American Wings (LAW) expressed interest in the airline Alas Uruguay, which ceased operations at the end of October 2016 (El Observador, 2 November 2016). LAW began operations in January 2016, with flights to Lima and Punto Cana. It began with three planes, and leased others from Alas Uruguay. LAW representatives will meet with Alas Uruguay and with government authorities, including Transportation Minister Victor Rossi to discuss their in intentions--which could include LAW purchasing Alas Uruguay shares (El Observador). El País reported Alas Uruguay requested additional loans from the Fondes, which were turned down.