JOURNAL ARTICLE

Argentina's Flagship Airline Won't Be Subsidized for First Time Since 2008.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Simauchi, Kevin 3 of 3

Abstract

Argentina's flagship airline, Aerolineas Argentinas SA, will no longer require state subsidies for the first time since its nationalization almost two decades ago. The company reported an operating surplus of $20.2 million in 2024 after years of operating losses and receiving $8 billion in subsidies. President Javier Milei's administration aims to revamp the airline industry by reducing costs and improving efficiency, signaling a significant shift in the company's financial stability. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/04, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:184874676
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