Market Report, "Transportation in Argentina", Published
Aerolineas Argentinas closed the 2013 fiscal year with a deficit of US$247 million - 44% lower than the 2012 deficit of US$447. According to Mr Mariano Recalde, Aerolineas Argentina's President, the number of passengers carried, flight hours and incomes increased in 2013. Despite this improvement of the company's economic situation in January 2014, the Federal Government accelerated the devaluation of the Peso to 30% (from ARS6 to ARS8 per dollar) - a development which is expected to negatively impact Aerolineas'...
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