Buenos Aires Governor Kicillof Moves to Block Milei's Sale of Aerolíneas Argentinas

Dec 9, 2024, 02:39 PM

Axel Kicillof, the Governor of Buenos Aires, has announced that the province aims to take control of Aerolíneas Argentinas, Argentina's national airline, in response to potential plans by the national government under President Javier Milei to sell or close the airline. Kicillof has proposed purchasing shares of Aerolíneas Argentinas to prevent its privatization and has indicated he would collaborate with other provincial governors and union representatives to manage the airline if necessary. This move comes amid concerns over the financial sustainability of Aerolíneas Argentinas, which has been running at a loss.