By Daniel Martínez Garbuno
RIO DE JANEIRO, BRAZIL - In order to keep Aerolineas Argentinas and Austral afloat, the Argentinian government invested US$527 million between January and November 2020, says Simple Flying. This amount is the largest invested since 2015, according to data provided by the State airlines.
Aerolíneas Argentinas – the State airline
Aerolineas Argentinas was founded on December 7, 1950. The Argentinian president, Juan Domingo Perón, signed a decree and merged four existing airlines: ALFA, FAMA, Zonda, and Aeroposta.
Over its history, Aerolineas was a private company at times. But, when it had a . . .