Newly Privatized Aerolíneas Argentinas Reports First Operating Profit in Over Fifteen Years
Aerolíneas Argentinas has posted its first positive operating quarter in more than fifteen years following a controversial privatization and a drastic restructuring of its workforce and flight network. The financial turnaround has dramatically increased international flight frequencies into Buenos Aires and Patagonian tourist hubs, boosting the inbound hospitality sector without federal treasury subsidies.