Argentina deregulates and eliminates minimum prices for domestic airfares

Thursday, July 5th 2018 - 06:24 UTC

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In an unexpected move, Argentina’s Minister of Transportation Guillermo Dietrich announced that national administration will no longer set minimum prices for domestic airfares, starting on August 15. Read full article

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Enrique Massot
“In 1989...the market was sucked into a bitter price war between private companies and Aerolineas Argentinas, the country’s national flag carrier.”

Welcome to Fantasy World of state deregulation, which in this case is intended to weaken Aerolíneas Argentinas.

Next, the old argument “Aerolíneas is inefficient” will be heard in support of privatization.

And so restarts the old story. Perhaps there will even be Spaniards bidding for the carrier.

Poor country, where greed is only comparable to clumsiness.
Jul 11th, 2018 - 01:55 am - Link - Report abuse 0
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