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.
Aerolineas Argentinas has become the latest carrier to suspend flights to Caracas. The company said it had concerns over security in Venezuela because of increasing criminal violence and political uncertainty. It joins dozens of airlines who have taken similar action.
Aerolineas Argentinas' CEO Mario Dell'Acqua Tuesday announced the national flag carrier had transported just over 6.2 million passengers, 30 percent more than the 4.5 million transported in the same period of 2015, the company's best year in that regard. In 2016 the figure was of around 5.5 million.
Aerolineas Argentinas inaugurated on Monday the Atlantic Corridor which will have daily flights between Buenos Aires, Mar del Plata, Bahía Blanca, Trelew, Comodoro Rivadavia and Ushuaia in Tierra del Fuego.
The Argentine government is considering the possibility of having Aerolineas Argentinas fly round trips to the Falklands from Trelew or from Comodoro Rivadavia, or alternatively Trelew/Rio Gallegos/Falklands, according to Patagonian Chubut province governor Mario Das Neves.
Aerolíneas Argentinas announced Friday a series of adjustments to its operations which will increase the seating capacity by 10% for peak summer season destinations - DAP starts flying between Ushuaia and Punta Arenas - The neverending story of Bolivia's haunted airport.
Aerolineas Argentinas CEO revealed that the flag-carrier is increasing passenger numbers and could become profitable in four years but losses keep piling, an estimated one billion dollars this year, which comes upon a one to two million dollars daily losses during most of the decade.
U.S. industrial conglomerate General Electric will invest US$10 billion in Argentina over the next decade, vice chairman John Rice said on Monday, the latest foreign company to announce new plans since President Mauricio Macri took office.
Argentina's flag carrier Aerolineas Argentinas has been caught with its official bi-lingual magazine, Alta, committing a major sin. The magazine can be found in all aircraft seat pockets and in a reference to the Falkland/Malvinas Islands, the company apparently apologized for having committed a translation excess.
The Argentine government and its economic crimes bureau, Procelac, filed on Monday a complaint against Spanish group Marsans for an alleged move to “sell” a lawsuit filed before the World Bank’s ICSID over Aerolineas Argentinas and Austral expropriations, to Burford Capital, a speculative fund. ICSID stands for International Centre for Settlement of Investment Disputes.