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Aerolineas Argentinas, today Senate votes the nationalization law

Buenos Aires, Argentina - The airline has a debt of 890 million dollars

Argentina's Senate approves the nationalization of Aerolineas Argentinas and its subsidiary, moving to return the financially troubled Spanish-owned Grupo Marsans to state hands. The takeover of Aerolineas Argentinas and Austral airlines was the final step in making the nationalization law. Argentina's lower house in August approved the measure, which requires the state hold a majority of company...

AVIONEWS - World Aeronautical Press Agency - 1093875

AVIONEWS - World Aeronautical Press Agency
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