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Aerolíneas Airlines plans to discontinue all international flights that are not profitable to the company, Minister of Federal Planning, Julio De Vido, announced this morning.
Additionally, the airline will focus on accelerating fleet replacement and redesigning working conditions of pilots and mechanics to be more in alignment with international standards.
These measures come after a series of recent conflicts between aviation labour unions and government authorities.
International flights such as those to Europe, the United States, and Australia represent 40% of the company’s deficit.
De Vido said the airline will give priority to domestic flights and to flights with destinations such as Brazil, Peru and Venezuela.
According to directives by President Cristina Fernández de Kirchner, the airline is starting a new phase, which is to put into place again the objectives of former president, Juan D. Peron, who, in 1950, inaugurated the government-owned airline.
Aerolíneas was privatised in 1990. In 2008 the company was taken back into state control.
Aerolíneas is one of the few companies, which was nationalized under Peron’s administration, that remains in operation today.