1703220863 Aerolineas is privatized by Milei opening the domestic market to

Aerolíneas is privatized by Milei, opening the domestic market to Brazilian airlines



Aerolineas is privatized by Milei opening the domestic market toPhoto Los Paseos

One of the decisions of the new Argentine government is to privatize the majority of stateowned companies, including Aerolíneas Argentinas, and to fully open the market. The details are in Part 9 of the socalled “Electric Saw Decree,” which shrinks the size of the Argentine state and aims to stimulate the economy and try to control inflation, which is now the worst in the world.

The only condition for the privatization of Aerolíneas Argentinas is that employees have a minimum shareholding in order to have the right to vote on the board. According to the Clarín newspaper, the decree did not specify the exact date or procedure for privatization.

Another point that attracts attention is the total open skies policy, in which foreign airlines can operate international or domestic flights in Argentina without the need to enter into a bilateral agreement between their country's government and the Argentine government.

In practice, companies such as Azul, GOL or LATAM can fly from Buenos Aires to Córdoba, for example. It is not clear what the labor legislation will be in this case, but it is expected that the rule requiring Argentine crew members to be crew members will be maintained, as is the case with Chilean JetSMART, which has a branch in the United States Country.







Aerolineas is privatized by Milei opening the domestic market to

He became fascinated with airplanes in 1999 and graduated from Cal State Long Beach and Western Michigan University with a degree in aviation. #GoBroncos #GoBeach #2A