With no video, there is nothing for me to evaluate about this story, but it appears to be a good witness report. Military aircraft have been chasing UFOs since the 1940s–the equivalent of primitive tribesmen shaking their spears at observers from modern civilization.
Story Source:
http://www.theolivepress.es/spain-news/2012/04/14/ufo-claims-surround-military-jet-mystery-on-the-costa-del-sol/