Aerolineas Argentinas, the national carrier of Argentina, has announced a positive economic result of $138 million for the first quarter of 2025, representing its strongest financial performance since the airline was re-nationalized in 2008. This marks a significant milestone in the airline’s ongoing financial recovery and operational turnaround.
Aerolíneas Argentinas, the national airline of Argentina, is now officially on the path toward privatization, following a public statement from Manuel Adorni, spokesperson for the Argentine presidency. Adorni described the process as “unavoidable”, framing it as part of a broader government initiative to reform and streamline state-owned enterprises.
Aerolineas Argentinas has announced that it will no longer require transfers from the National Treasury to fund its operations in 2025, marking a significant milestone for the state-owned carrier. This development represents the first time since its nationalization in 2008 that the airline will function without financial backing from the Argentine government.
Aerolineas Argentinas, the national airline of Argentina, has announced plans to close 17 of its 21 branch officeslocated across provincial regions of the country, effective 30 April 2025. The move is part of a broader cost-cutting directive issued by the Argentine government, which continues to restructure state-owned enterprises.
Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
Aerolineas Argentinas, the national carrier of Argentina, has reported a significant reduction in its reliance on government subsidies in 2024. The airline required only $64.2 million in subsidies, a substantial decline compared to the $128.4 million it needed in 2023. This development underscores ongoing efforts by the airline to enhance its operational efficiency and financial sustainability.
Aerolíneas Argentinas has reported a loss of $326 million during the first quarter of 2024, despite achieving a total income of $1.64 billion. The financial results highlight the challenges the airline continues to face in a volatile global aviation market.
Aerolineas Argentinas and Saudia, the national airlines of Argentina and Saudi Arabia, have finalized a codeshare agreement to strengthen air travel connectivity between the two countries. This partnership represents a significant milestone in expanding travel options and fostering closer economic and cultural ties between the two regions.
Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…
Rumors have surfaced regarding Aerolíneas Argentinas potentially being acquired by a consortium involving Delta Air Lines from the United States and Avianca of Colombia. The Argentine government, which holds a stake in Aerolíneas Argentinas, is reportedly weighing a purchase proposal put forth by the two airlines, suggesting potential international expansion for the Argentine carrier under new ownership. This rumored deal,…
