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Aerolineas Argentinas returns state-owned

Buenos Aires, Argentina - It risks bankruptcy with 890 million dollars in debts

The Argentinean government will regain control of national carrier Aerolineas Argentinas after Thursday’s announcement to buy back a 94.4% stake in the carrier. For some time now, speculators in Argentina have been saying that majority owner Marsans, a Spanish travel group, was looking to offload a majority share of its stake in the carrier. The government will look to turn around the carrier, w...

AVIONEWS - World Aeronautical Press Agency - 1092668
Rome, Italy, 07/23/2008 16:27
AVIONEWS - World Aeronautical Press Agency

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