Aerolineas Argentinas renationalised

Spanish owner Marsans to appeal

The Argentinian Government is set to fully renationalise Aerolineas Argentinas (AA) after its parliament gave the go ahead.

The move follows the collapse of buy out talks between the government and its owners, Spanish travel group Marsans, after the two parties could not agree the value of the airline.

AA and its Austral subsidiary have been under state control since November and Marsans has said it will appeal against the decision.

Hector Bateiro, Aerolineas' union leader said: "There is a strong and serious commitment from the workers and the government and the airline passengers to put the company back in the position that it should have never have ceased to hold - one of pride for each and every worker and everybody in general."

Source: Routes News

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