Chainsaw: the Government will cut Aerolíneas Argentinas routes

Chainsaw: the Government will cut Aerolíneas Argentinas routes
Chainsaw: the Government will cut Aerolíneas Argentinas routes

The presidential spokesperson, Manuel Adorni, confirmed in his usual press conference that “it is likely” that the company’s routes will be cut. Argentinian airlines. The declaration comes after the organization is not included in the list of companies to privatize that contains the Bases law by decision of the Senate.

“The company must eliminate everything that generates losses,” Adorni confessed, explaining that while companies are under the orbit of the State they will try to make them lose less money.

In relation to this, and the privatizations that the ruling party wants to carry out in almost all public companies through the Bases law, the official explained that this mechanism is necessary to “save the companies.”

Trim routes in Airlines It is then a way that the government found Javier Milei as a defense against the non-privatization of the company, which was achieved through the decision of the national senators, during the debate of the Bases law.

The Executive says that the senators’ decision is motivated by their own interests, and that the deputies – the Chamber of origin – will seek to reverse the situation. Despite this, the Chief of Staff Guillermo Francos told the dialogue legislators to do what they want with the privatizations, since the main objective that the Government has in Deputies is to get Personal Profits and Assets out, two economic measures that The Senate did not include in the Fiscal Package approved by them and extremely necessary for the ruling party to make payments to the provinces.

Adorni confessed that the company is likely to suffer cuts to its air routes to prevent it from spending more money.

Another decision that is coming down within Airlines is the reduction of personnel, another mechanism of the Government’s “chainsaw” plan to “clean up” the companies that it considers should be privatized. In Balcarce 50 they also allege that they will continue to insist that companies like Airlines move to the private sector.

For some time now, various Casa Rosada officials have threatened to leave companies that do not privatize without money. That is, the plan Milei remains the same: shrink the State.

Currently, in the list of companies to privatize Eight companies appear: Energia Argentina SA (Enarsa) and Intercargo altogether. AysA, Belgrano Cargas y Logística SA, Sofse and Corredores Viales SA appear as companies that could be privatized partially or concessionally.

In the cases of Nucleoeléctrica Argentina Sociedad Anónima (NASA) and Yacimientos Carboniferous Río Turbio (YCRT), the law will allow the entry of private parties through “a shared ownership program” and place a class of shares for that purpose, although the National State maintains control or majority participation in the share capital.

 
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