Tag #Aerolineas Argentinas

What are the immediate consequences of Aerolineas Argentinas achieving profitability and the announced privatization?

Argentina's President spokesperson, Manuel Adorni, declared the privatization of Aerolineas Argentinas inevitable on April 30th, 2025. This follows the airline's achievement of profitability in 2024, eliminating the need for state funding in 2025. This was achieved through a 15% staff reduction, 85 managerial job cuts, and the closure of 19 of 21 branches.