Government analyzes cutting national routes due to lack of profitability

He presidential spokesman, Manuel Adorniassured in his press conference this Wednesday that the Government analyzes cutting domestic routes of Aerolíneas Argentinas in the provinces that are not profitable.

The official of Freedom Advances (LLA) He was consulted by the press about the role of Aerolíneas Argentinas, after the company was removed from the privatizable list within the framework of the debate and negotiations for the Bases law.

“A lot of work has already been done at Aerolíneas in these six months and will continue to be done by eliminating everything that generates losses for the company. We are not seeking to isolate anyone,” he expressed and pointed out that decisions about the company remain in the hands of the president of the company, Fabián Lombardo.

Airlines: according to Adorni, a route cut “is likely”

Adorni stated that “a cut is likely” on certain routes due to low profitability. “Clearly The path is that Aerolíneas Argentinas, while it remains in the hands of the State, loses less and less money. Beyond that, the truth is that this will happen with all companies that are in the hands of the State and that are not privatized,” he said.

“Privatization is not to exterminate companies. Quite the contrary, it is to save them, because There are many that can only continue functioning with the contribution of private capital. and there are others that, in an impoverished country like Argentina, are not in a position to sustain the deficit.

How the list of privatizations looks after the concessions of Congress for the Bases law

After the approval of the Bases law with modifications in the Senate, and based on negotiations with the opposition, the Government defined the final list of privatizable companies:

Privatizations

• Energía Argentina SA
• Intercargo SAU

Privatizations/Concessions

• Agua y Saneamientos Argentinos SA
• Belgrano Cargas y Logística SA
• Railway Operating Company SE
• Corredores Viales SA