Retrieving one of its flagship companies, the Argentine government to renationalise the national airline, Aerolineas Argentinas, nearly 20 years after being privatised by the last time.
After a series of privatizations during the decade of 90, thanks to the presidency of Carlos Menem, in recent times there has been a re-nationalisation of companies in the country.
After several weeks of negotiations, the Spanish group Marsans agreed to sell Aerolineas Argentinas and its subsidiary Austral local government by a figure was not announced.
According to recent studies financial Airlines currently has a debt of close to $ 900 million and is estimated to lose another million dollars per day.