How Mauricio Macri Plans to Fill a $1 Billion Hole at Aerolíneas Argentinas
How Mauricio Macri Plans to Fill a $1 Billion Hole at Aerolíneas Argentinas
Fixing Argentina’s flagship carrier is a priority for the country’s new president, but it won’t be easy.
Last year was a good one for global airlines. Thanks to falling fuel prices and an increased demand for air travel, the industry earned an estimated $33 billion in 2015. Carriers around the globe earned near-record profits.
Not so in Argentina, where according to official figures state-run Aerolíneas Argentinas operated at a loss of...
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