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'Quality service over profit', Aerolineas Argentinas target, said CEO Recalde

Friday, November 22nd 2013 - 03:43 UTC
Full article 36 comments
Recalde revealed that this year's operational deficit of the flag carrier will be 250 million dollars Recalde revealed that this year's operational deficit of the flag carrier will be 250 million dollars

Argentina's flag carrier Aerolíneas Argentinas CEO Mariano Recalde said that the company's goal, as requested by president Cristina Fernández, was to provide a quality service over profit.

 “Aerolíneas Argentinas objective is not to make money. The president challenged us to recover the service and improve on it,” the civil servant explained when questioned on the deficit the airline is running.

Recalde went on to state that the goal had been reached: “when we took control Aerolíneas carried 5 million passengers a year; we will finish 2013 with 8.5 million and we hope to reach 10 million in 2014”.

CEO Recalde revealed that “the operating deficit of the airline will be 250 million dollars, a third of what it used to be. The deficit is equivalent to 12% of our turnover”.

Questioned on the recent changes to the national cabinet, Recalde underlined his support for CFK's decision.

“I received the changes with great joy and expectation due to Cristina's return, with great energy,” he asserted, adding that the new faces “give the team more energy in order to deepen the transformation”.

During her first speech at Government House following medical leave of 45 days, President Cristina Fernandez praised YPF and Aerolineas Argentinas, both corporations seized from Spanish interests and now managed by the Argentine government.

”When I saw Marianito Recalde (among the crowd) I recalled Aerolineas Argentinas. We received the airline in pieces, without aircrafts, heavily indebted and now even our own competition is congratulating us for the way we run our airline, the airline of all Argentines. I want to congratulate you Mariano because you have managed a great achievement and because it has been against all odds”, said Cristina Fernandez on Wednesday evening at Casa Rosada.

Top Comments

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  • CabezaDura

    General Argentine punblic believed that YPF, Aerolineas Argentinas etc and others were crown jewels of the Argentine state given away for penuts by Carlos Menem. All these re nationalized companies during the K era are worthless junk and run by money eaters.
    In this case Aerolineas doesn't even provide a service ordinary Argentines can afford (despite its heavy subidies it recieves)

    Nov 22nd, 2013 - 04:19 am 0
  • reality check

    Many congratulations on achieving your objectives.

    Nov 22nd, 2013 - 06:22 am 0
  • Troy Tempest

    CFK:
    “I recalled Aerolineas Argentinas. We received the airline in pieces, without aircrafts, heavily indebted and now even our own competition is congratulating us for the way we run our airline, the airline of all Argentines. ”

    “indebted”? - still losing money
    “Congratulated by the competition” for the way they run their airline??
    - when? By whom??
    “the airline of all Argentines” - yes, they are all paying for it.

    I'm sure that all Argentinians are grateful to Cristina

    Nov 22nd, 2013 - 06:58 am 0
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