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An Aerolineas Argentinas A330-200 departs from JFK (Photo: AirlineGeeks | Ben Suskind)

Aerolineas Argentinas Takes a Big Hit in 2018 Financials

Last week, Aerolineas Argentinas and its domestic sister company, Austral, presented its 2018 results with some worrying numbers but also with a ray of light regarding its operations for 2019. Together, both companies recorded a loss of $489 million USD. Compared to 2017, revenues remained practically constant, accompanying inflation, but costs rose by 18 percent. At the start of 2019, the operational numbers of the company registered a steep recovery. In 2017, the company showed signs of high growth with…

Aerolineas Argentinas: Good Decisions Amid Bad Luck

Last weekend, a major storm hit the Buenos Aires metropolitan area and seemed to focus on Aeroparque Jorge Newbery's ramp. As Aerolíneas Argentinas' main domestic hub, a significant part of its Boeing 737 fleet was stationed there and was exposed to damage from hail and lightning. When the storm was over,…