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Argentina Backs Airline Seizure

Posted in Aerolineas Argentinas, Airline News No comments

Argentina’s lower house of Congress has approved legislation to seize the country’s biggest airline, Aerolineas Argentinas, from its Spanish owners.
Deputies voted 152 to 84 for the bill, which now goes to the Senate.
Spanish firm Grupo Marsans agreed in July to sell the debt-laden airline back to the state but the two sides failed [...]



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