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Airlines

Name: AEROLINEAS ARGENTINAS
7JetSet7 Code: ARG
Status: Operational
Region: LATIN AMERICA
City: BUENOS AIRES
Country: ARGENTINA
Employees 5000
Web: aerolineas.com.ar
Email: ifurian@aa2000.com.ar
Telephone: +54 11 4130 3420
Fax: +54 11 4130 3582
Sita: BAA RAR
Background
(definitions)

Click below for data links:
ARG-2002-12-NEWS
ARG-2003-09-A
ARG-2003-09-B TAIL LOGO
ARG-2003-09-C
ARG-2003-09-D
ARG-2003-09-E
ARG-2003-09-F
ARG-2003-09-G
ARG-2003-09-H
ARG-2004-01-NEWS
ARG-2004-02-NEWS
ARG-2004-04-NEWS PLUNA
ARG-2004-09
ARG-2004-09-A
ARG-2005-04-A
ARG-2009-11 8TH 737-700
ARG-2009-11-NEWS
ARG-2011-06-CHILE VOLCANO ERUPTION
ARG-2013-12 - A330 TO NY
ARG-2014-03 - TO PARANA
ARG-2014-09 - TOP 8 URUGUAY MARKETS
ARG-2014-09 - URUGUAY TOP 11 AIRLINES
ARG-737-200-EXEC
ARG-CABIN ATTENDANTS
ARG-LOGO
ARG-MAP

FOUNDED IN 1949 AND STARTED OPERATIONS IN 1950. SCHEDULED, DOMESTIC, REGIONAL & INTERNATIONAL, PASSENGER AND CARGO, JET AIRPLANE SERVICES.

ADDRESS:
BOUCHARD 547, 9th Floor
1106 BUENOS AIRES, (CAPITAL FEDERAL), ARGENTINA

ARGENTINA (REPUBLIC OF ARGENTINA), WAS ESTABLISHED IN 1816, COVERS AN AREA OF 2,766,889 SQ KM, ITS POPULATION IS 35 MILLION, ITS CAPITAL CITY IS BUENOS AIRES, AND ITS OFFICIAL LANGUAGE IS SPANISH.

DECEMBER 1950: AEROLINEAS ARGENTINAS (ARG) IS CREATED AS A STATE COMPANY.

DECEMBER 1951: THE "INTER-AMERICAN PRESS" NEWS SOCIETY APPOINTS AEROLINEAS ARGENTINAS (ARG) AS "THE BEST COMMERCIAL AIR COMPANY IN THE WORLD," FOR ITS EFFICIENT ORGANIZATION AND FOR THE QUALITY OF ITS SERVICES.

JANUARY 1953: Regular services between Buenos Aires and Santa Cruz de la Sierra (Bolivia), with stops at Córdoba and Salta are inaugurated.

OCTOBER 1954: DC-3 planes start flights between Buenos Aires and Montevideo (Uruguay).

OCTOBER 1956: A second weekly flight from Buenos Aires and New York (USA) is inaugurated.

APRIL 1958: The purchase of six Comet IVs is authorized, the first jet plane, driven by turbines instead of propellers, popularly known as 'jets.'

MARCH 1959: The first Comet IV plane arrives in Argentina, starting the 'jet era,' a technological leap that, among other advantages, would reduce by half, the time of all flights.

DECEMBER 1960: The Comet IV starts flights to Bariloche.

DECEMBER 1961: An Aerolíneas Argentinas (ARG) Comet IV completes the first round-the-world flight by a commercial airliner, carrying out an official trip by President Frondizi.

JULY 1963: La Paz city (Bolivia) is included to the Inter-American routes.

FEBRUARY 1965: Aerolíneas Argentinas (ARG) purchases 4 707 planes.

NOVEMBER 1966: A Boeing 707 carries out the 1st ever non-stop flight between Buenos Aires and Madrid, in 11 hours and 31 minutes, establishing a world speed record.

MAY 1967: 1st Boeing 707 flight to Frankfurt (Germany).

AUGUST 1969: Aerolíneas Argentinas (ARG) purchases 6 Boeing 737 twin-engine jets.

DECEMBER 1971: The last of the Comet IV planes is withdrawn from the fleet, after total 20,438 hours of flight time.

MAY 1973: 1st non-stop flight to Miami (USA) of a Boeing 707.

AUGUST 1974: 1st direct flight between Buenos Aires and Bogotá (Colombia), continuing to Mexico City and Los Angeles (USA).

APRIL 1975: Flights to Caracas (Venezuela) are inaugurated.

DECEMBER 1976: The 1st Boeing 747 purchased by Aerolíneas Argentinas (ARG) arrives in Ezeiza airport.

JANUARY 1977: 1st flight of a Boeing 747 between Buenos Aires, Madrid, Rome and Frankfurt takes place.

MARCH 1978: Services to Montreal (Canada) are inaugurated.

APRIL 1979: By decree No 808 of the National Executive Power, Aerolíneas Argentinas (ARG) becomes a State Company.

Freight transportation regular services starts, with 2 Boeing 707s, specially set-up for this purpose.

SEPTEMBER 1980: The 1st Boeing 747-SP is added to the fleet, acquired from the USA airline company Braniff (BNF).

JUNE 1980: The 1st trans-Polar flight by a commercial airline. It was carried out by an Aerolíneas Argentinas (ARG) Jumbo 747 plane. Leaving Buenos Aires, with a stop at Rio Gallegos, flies over the South Pole and reaches Auckland (New Zealand). The trip ends in Hong Kong (China).

DECEMBER 1980: 1st non-stop flight between Melbourne (Australia) and Ezeiza airport. It was carried out by a 747 Jumbo, inaugurating the route.

SEPTEMBER 1981: Regular services to Auckland (New Zealand) by the trans-Polar route starts.

JUNE 1982: Pope John Paul II returns from Buenos Aires to Rome with an Aerolíneas Argentinas (ARG) Boeing 747, specially appointed for the Pontiff.

APRIL 1987: 2nd papal flight with Aerolíneas Argentinas (ARG). Once again the Pope flies back to Rome from Buenos Aires in a Boeing 747.

NOVEMBER 1990: A consortium headed by Iberia Airlines (IBE) takes charge of the company, changing its company name to "Aerolíneas Argentinas SA" (ARG).

OCTOBER 1991: IBERIA AIRLINES (IBE) PURCHASED 30%, & GOVERNMENT OWNS 43%.

APRIL 1992: The 1st MD-83 arrives to the country to join the fleet.

JANUARY 1993: 1992 = +28.1% (RPK) PASSENGER TRAFFIC, +25.7% PASSENGERS (PAX), -14.7% (FTK) FREIGHT TRAFFIC. LOSING -$10 MILLION/MONTH = -775 LAYOFFS (10%).

JANUARY 1994: 1993 = -$240 MILLION (NET LOSS).

IBERIA AIRLINES (IBE) + SPANISH BANKS, INJECTED $500 MILLION FOR 85% OWNERSHIP. THE REST IS OWNED BY: 10% EMPLOYEES, GOVERNMENT 5%.

APRIL 1994: 7,000 EMPLOYEES (INCLUDING 601 FLIGHT CREW (FC), 1,068 CABIN ATTENDANTS (CA), & 1,462 MAINTENANCE TECHNICIANS (MT)).

3 A310-300'S (PW4152), EX-DELTA AIRLINES (DAL), 6 YEAR LEASED, 188 PASSENGERS FOR ROUTE TO NEW YORK AND LOS ANGELES (LAX).

AUGUST 1994: The 1st Airbus A310 is flown to Ezeiza airport from Toulouse (France).

JANUARY 1996: LAST 6 MONTHS = -$135 MILLION.

APRIL 1996: STATIONING 727-200'S IN MIAMI (MIA) TO OPERATE TO TORONTO MONTREAL, PUNTA CANA, ST MAARTEN, SAN JUAN, CANCUN & MEXICO CITY.

JULY 1996: 1ST 6 MONTHS = -$14 MILLION.

AUGUST 1996: The official Web Site of Aerolíneas Argentinas (ARG) is launched as "http://www.aerolineas.com.ar."

October 1996: ACCDT: (AGF) 707 CRASHED ON LANDING, AT EZEIZA AIRPORT = ALL FATALITIES.

NOVEMBER 1996: AMERICAN AIRLINES (AAL) OFFERS TO TAKE 20% STAKE OF AEROLINEAS ARGENTINAS (ARG) FROM IBERIA AIRLINES (IBE).

DECEMBER 1996: TO RETURN 5 727'S, & +4 OR 5 737'S.

JANUARY 1997: 1996 = -$66 MILLION (-$58M): 6.345 BILLION (RPK) TRAFFIC (#45 HIGHEST IN WORLD), 4,800 EMPLOYEES.

IBERIA AIRLINES (IBE) OWNS 85%, EMPLOYEES 10%, & GOVERNMENT 5%. AS PART OF THE EUROPEAN COMMISSION (EC) REQUIREMENT, (IBE) HAS TO RELINQUISH ITS STAKE TO ANDES HOLDINGS.

INTERNATIONAL SERVICES TO AUCKLAND, BOGOTA, CARACAS, FLORIANOPOLIS, FRANKFURT, GUAYAQUIL, LIMA, LONDON, LOS ANGELES (LAX), MADRID, MEXICO CITY, & MIAMI (MIA). TO MONTREAL, MONTEVIDEO, NEW YORK (JFK), PANAMA, PARIS, PORTO ALEGRE, RIO, PUNTA DEL ESTE, ROME, SANTIAGO, SAO PAULO, TORONTO, & ZURICH.

1 727-200 (JT8D-17), EX-VIASA (VIA). SOLD 2 727'S TO PEGASUS (PSS). 1 737-200 PEGASUS (PSS) LEASED. ALL 727'S TO BE GONE BY MAY 1997.

MARCH 1997: 1 727-200A (JT8D-17), EX-MEXICAN (CMA), PAC HOLDING LEASED, 1 MD-83 (JT8D-219), EX-AUSTRAL (AUX).

APRIL 1997: JORGE ZALBE AEROPARQUE CHIEF.

2 737-200'S, EX-AIR NIPPON (ANK), DELIVERY.

JUNE 1997: AMERICAN AIRLINES (AAL) OFFERS TO ACQUIRE 20% OF AEROLINEAS ARGENTINAS (ARG).

QUIROS CUEVAS VP ENGINEERING & MAINTENANCE.

TO LA PAZ, BOLIVIA (737). TO CARACAS, & ONTO BOGOTA (A310, 2 CLASS).

REDUCED 727 FLEET TO 2, & 737'S INCREASED TO 16. +1 OR +2 747-200'S LEASED IN 1997.

JULY 1997: AMERICAN AIRLINE'S (AAL) OFFER OF 20% FOR AEROLINEAS ARGENTINAS (ARG) IS STILL BEST.

AUGUST 1997: OLD 737-200 "D" CHECK BY AEROMAN (TAC).

SEPTEMBER 1997: PLANS TO LEASE ANOTHER 747-200 (DESERT STORED). 1 747-200 (JT9D-7F) (20009), EX-(TWA), PEGASUS (PSS) LEASED.

OCTOBER 1997: 5,184 EMPLOYEES.

727-23 RETURNED TO LESSOR.

DECEMBER 1997: AMERICAN AIRLINES (AAL) COMPLETES DEAL FOR 8.5% STAKE IN AEROLINEAS ARGENTINAS (ARG).

JANUARY 1998: 1997 = +$2.8 MILLION (-$66 MILLION): 6.67 BILLION (RPM) TRAFFIC (+5.2%).

(http://www.pinos.com/aero.html).

TO INSTALL (TCAS) ON ALL MD-80'S.

FEBRUARY 1998: TO LIMA - BOGOTA.

APPLIES TO USA DEPARTMENT OF TRANSPORTATION (DOT) FOR OPERATIONS BY 1 767-35DER, (LOT) POLISH AIRLINES WET-LEASED, JANUARY - APRIL 1998, FOR SERVICE TO NEW YORK(JFK), WHILE AEROLINEAS ARGENTINAS (ARG) AIRPLANE IS IN HEAVY MAINTENANCE.

MARCH 1998: 2 737-2P6'S (21356; 21733), EX-SOUTHERN AIRWAYS (SOT), (GEH) LEASED.

APRIL 1998: 5,184 EMPLOYEES.

747-212B (21938), EX-KOREAN AIR (KAL), 3 YEAR (ILF) LEASED.

MAY 1998: 727-287 (21690) RETURNED FROM NATIONAL AIRLINES (NAW), LEASED TO AEROPERU (PER). 1 747-200B (JT8D-7AH), EX-(TWA).

JUNE 1998: NONSTOP TO CORDOBA, ARGENTINA'S 2ND-LARGEST CITY (747-200). CODE SHARE WITH QANTAS AIRWAYS (QAN) TO SYDNEY. CODE SHARE WITH LAPSA (LAP) TO ASUNCION.

PAINTS 747-287, IN "WORLD CUP SOCCER 1998" SCHEME "AEROLINEAS, MORE ARGENTINA THAN EVER," WITH PICTURES OF 3 ARGENTINEAN SOCCER PLAYERS.

JULY 1998: DAILY NONSTOPS TO NEW YORK (JFK) (747). CORDOBA & MENDOZA - SANTIAGO. Córdoba City becomes the second 'HUB' in Argentina.

737-236 (21796), EX-BRITISH AIRWAYS (BAB), PACIFIC HOLDING LEASED.

SEPTEMBER 1998: AMERICAN AIRLINES (AAL) ACQUIRES 10% OF AEROLINEAS ARGENTINAS (ARG), FOR $25 MILLION (NOW OK'D), SO NEW CEO IS DIEGO COUSINO, EX-(AAL) REGIONAL VP, ARGENTINA, & COO IS DAVID CUSH, EX-(AAL). IBERIA AIRLINES (IBE) STILL OWNS 10%.

OCTOBER 1998: GENERAL SHAREHOLDERS MEETING ON HOLD, INCLUDING NEW EX-AMERICAN AIRLINES (AAL) APPOINTMENTS: DAVID CUSH, GENERAL MANAGER & COO. NON-EXECUTIVE CHAIRMAN IS SUPPOSED TO BE PATRICIO ZAVALIA LAGOS.

(AAL) COMPLETES TRANSACTION BY BUYING 10% OF INTERINVEST, WHO OWN 85% AEROLINEAS ARGENTINAS (ARG), & 90% AUSTRAL (ALA), GIVING AMR (AAL), 8.5% (ARG), AND 9% (ALA).

THE USA DEPARTMENT OF TRANSPORT (DOT) WILL NOT OK CODE SHARE UNTIL ARGENTINA SIGNS "OPEN SKIES" AGREEMENT.

JUST DAYS AFTER HIS NEW POSITION, DAVID CUSH, GENERAL MANAGER SIGNED A DEAL WITH NEWLY FORMED AEROVIP, AN ARGENTINE (6 JETSTREAM 32'S) CARRIER, WITH CHAIRMAN BARTOLO CUFFIA, TO FEED (ARG) AT CORDOBA, WITH AIRPLANES PAINTED IN (ARG) LIVERY, AND CARRY (AAL) CODE SHARE. TRYING TO BUILD ON RECENT LAUNCH OF CORDOBA - SAO PAULO & - MIAMI (MIA) (747 NONSTOPS).

NOVEMBER 1998: 4 ORDERS (MARCH 1999) A340-200'S (CFM56), 2 ORDERS (MARCH 1999) A340-300'S (CFM56), 6 ORDERS (FEBRUARY 2004) A340-600'S (TRENT 500), FOR SERVICE TO AUCKLAND, NEW ZEALAND, & POINTS IN EUROPE, INCLUDING PARIS & ROME.

JANUARY 1999: 1 737-236 (21798), EX-BRITISH AIRWAYS (BAB), PEGASUS (PSS) LEASED. A340-211 (085), EX-PHILIPPINE AIRLINES (PAL).

FEBRUARY 1999: JULIO ARRIETE, VP ENGINEERING & MAINTENANCE REPLACES QUIROS CUEVAS & INCLUDES SAME POSITION AT AIR AUSTRAL (ALA). PABLO CHINI, ENGINEERING DIRECTOR (ARG) & (ALA). MIGUEL SALVIOLI, ENGINEERING CHIEF (ARG) & (ALA).

MARCH 1999: INCDT: GROUND FIRE DESTROYED MD-80 (2030) DURING HANGAR MAINTENANCE.

APRIL 1999: 4,913 EMPLOYEES (INCLUDING 1,552 FLIGHT CREW (FC)).

4 ORDERS A340-200'S, 2 ORDERS A340-300'S, & 6 ORDERS A340-600'S, CITING EXTENDED TWIN-ENGINE OPERATIONS (ETOPS) RESTRICTIONS (1ST LATIN AMERICAN OPERATOR TO ORDER A340 FOR INTERCONTINENTAL ROUTES SUCH AS TO AUCKLAND & SYDNEY, & NON-STOPS TO PARIS & ROME).

MAY 1999: MERGER WITH AUSTRAL (ALA) IN SLOW PROCESS, AND MAY HAVE TECHNICAL GROUP INTEGRATED BY OCTOBER 1999.

TO RETURN 3 747'S IN MID-1999, TO LEAVE 6.

JUNE 1999: PLANS FOR ALLIANCE WITH LANCHILE (LAN); BOTH ARE CODE-SHARE PARTNERS WITH AMERICAN AIRLINES (AAL); THESE 3 WOULD FORM A MARKETING PACT TO COVER ALL OF SOUTH AMERICA.

1998 TOP WORLD AIRLINES PASSENGER TRAFFIC (RPM) (BILLION):
40 EAD 8.07; 41 AIN 8.68; 42 ELA 7.55; 43 GIA 7.09; 44 PIA 6.82; 45 AMX 6.66; 46 FIN 6.66; 47 GUL 6.59; 48 ARG 6.58; 49 PAL 6.50; 50 CMA 6.41.

1ST OF 4 A340-200'S, EX-PHILIPPINE AIRLINES (PAL). 2 A340-300'S, EX-(PAL).

JULY 1999: A340-211 (74, LV-ZPJ), DELIVERY.

AUGUST 1999: 15 ORDERS (1999) 737-236'S, EX-BRITISH AIRWAYS (BAB), TO REPLACE OLDER 737-200'S & DC-9-32'S, PEGASUS (PSS) LEASED. (PSS) TOOK EARLY LEASE RETURN, OF 2 747-200'S (JT9D-7J) (20009; 20116). MD-88 (53048) FOR PART OUT. A310-300 (PW4152) (453) RETURNED TO AIRBUS, LEASED TO AEROFLOT (ARO).

SEPTEMBER 1999: NEW ROUTES TO VIEDMA, & COMODORO RIVADAVIA (DC-9-32).

NOVEMBER 1999: 1998 = -$65.8 MILLION (+$2.8 MILLION): 6.58 BILLION (RPM) (-1.4%), 855.5 MILLION (FTM) FREIGHT TRAFFIC (-.2%).

80% OF SHARES FOR SALE. AMERICAN AIRLINES (AAL) & IBERIA AIRLINES (IBE) OWN 10% EACH OF INTERINVEST. GOVERNMENT OWNS 5%, AND AEROLINEAS ARGENTINAS (ARG) EMPLOYEES 10%. NON ARGENTINE INVESTORS MAY NOT BUY >30% STOCK.

NEW ROUTE TO BAHIA BLANCA - VIEDMA.

JANUARY 2000: SEPI AGREED TO RETAIN AMERICAN AIRLINES GROUP (AMR) AS 8.5% STAKE HOLDER IN AEROLINEAS ARGENTINAS (ARG), BUT REPLACED (AAL) EXECUTIVES: DIEGO COUSINO, & DAVID CUSH; WITH JUAN GURBINDO (CEO), A BOARD MEMBER OF THE GOVERNMENT HOLDING COMPANY.

DELAYS MERGER WITH AUSTRAL (ALA), UNTIL LATE 2000.

FEBRUARY 2000: SPANISH GOVERNMENT PROVIDES $70 MILLION CASH INFUSION. ARGENTINE GOVERNMENT TO RENOUNCE THE PENDING "OPEN SKIES" AGREEMENT WITH USA, AND MAY CONTRIBUTE $5 MILLION TO AEROLINEAS ARGENTINAS (ARG).

MARIO SRUBER GENERAL MANAGER, EX-AUSTRAL (ALA).

5,000 EMPLOYEES. (http://www.aerolineas.com.ar).

2 737-2A8'S (21496, LV-WSU; 21498, LV-WTG) & 2 737-2P6'S (21356, LV-YIB; 21733, LV-YEB), LEASED TO AUSTRAL (ALA). 737-236 (23171, LV-ZSD), EX-TACA INTERNATIONAL (TAC) & EX-BRITISH AIRWAYS (BAB), (PSS) LEASED. 2 737-236'S (23170; 23172) DELIVERIES.

MARCH 2000: ROBERTO ROLLEI VP TECHNICAL OPERATIONS, REPLACES JULIO ARRIETE VP TECHNICAL OPERATIONS; & PABLO CHINI VP MAINTENANCE & ENGINEERING.

747-200 HEAVY MAINTENANCE TO AIR FRANCE (AFA) INDUSTRIES.

APRIL 2000: 5,384 EMPLOYEES.

MAY 2000: ARGENTINEAN TRANSPORT SECRETARY JORGE KOGAN, STATED THAT AEROLINEAS ARGENTINAS (ARG)'S FINANCIAL CRISIS, IS "MORE THAN GRAVE," WITH 1999 = -$240 MILLION, & IF SPANISH MAJORITY STOCKHOLDER, SEPI, DOES NOT PUT UP $500 TO $600 MILLION, BANKRUPTCY IS UNAVOIDABLE, BECAUSE THERE ARE NO VIABLE POLITICAL SOLUTIONS. PROJECTS -$300 MILLION FOR 2000.

JUNE 2000: WITH DOMESTIC SUBSIDIARY, AUSTRAL (ALA), STARTS CORDOBA (ARGENTINA'S 2ND MOST IMPORTANT CITY) SHUTTLE, WITH 20 FLIGHTS/DAY (737/MD-80, C/Y CLASS).

PARENT COMPANY, SEPI OFFERS AEROLINEAS ARGENTINAS (ARG) $650 CASH INFUSION, DEPENDENT ON -1,500 EMPLOYEES, AND ALL EMPLOYEES TAKING -20% PAY CUT, OTHERWISE WILL BECOME BANKRUPT NEXT MONTH. CURRENTLY, 6,700 EMPLOYEES.

737-236 (21806, LV-ZTT), PEGASUS (PSS) LEASED.

JULY 2000: SPANISH GOVERNMENT INJECTS $208 MILLION CAPITAL TO STAVE OFF BANKRUPTCY.

1999 = -$281 MILLION: 9.63 BILLION (RPK) TRAFFIC (-12.5%); 214.43 MILLION (FTK) FREIGHT TRAFFIC; (-11.2%); 3.98 MILLION PASSENGERS (PAX) (-5.1%); 5,384 EMPLOYEES (-9.6%).

AUGUST 2000: IN SEPTEMBER 2000, TO LOS ANGELES (LAX) VIA LIMA (A340, 3/WEEK).

1 727-223 (JT8D-9A) (20991, N850AA) DELIVERY.

SEPTEMBER 2000: AEROLINEAS ARGENTINAS (ARG) IS CURRENTLY -$873 MILLION IN DEBT.

EMPLOYEES NOW ATTEMPTING TO PURCHASE 85% OF (ARG), BY INVESTING $600 MILLION.

SEPTEMBER 2000: 1ST 6 MONTHS = 5.29 BILLION (RPK) TRAFFIC (+13.7%); 131.34 MILLION (FTK) FREIGHT TRAFFIC (+16.8%); 1.97 MILLION PASSENGERS (PAX) (+3.6%).

OCTOBER 2000: OWNER SEPI FINALLY REACHES AGREEMENT WITH GOVERNMENT TO GIVE AEROLINEAS ARGENTINAS (ARG) $650 MILLION, INCLUDING $208 MILLION, THAT IT ALREADY INVESTED LAST JULY 2000, WHEN (ARG) ALMOST COLLAPSED. SEPI WILL GUARANTEE JOBS TO (ARG) EMPLOYEES.

EMILIO CABRERA (CEO).

WILL REDUCE 5,384 EMPLOYEES BY -1,200, INCLUDING VOLUNTARY RETIREMENTS.

DECEMBER 2000: The 50th anniversary of Aerolíneas Argentinas (ARG)!

737-236 (23226), PEGASUS (PSS) LEASED.

FEBRUARY 2001: DESPITE MAJORITY, SPANISH SHAREHOLDER, SEPI, TAKING OVER MANAGEMENT TO STAVE OFF BANKRUPTCY, THERE HAS BEEN LITTLE PROGRESS. MEETINGS WITH UNIONS WHO OWN 10%, HAVE CALLED FOR MORE EMPLOYEE CUTS, AND PROPOSED -1,300 OF CURRENT 6,700, SINCE ONLY 200 HAVE TAKEN VOLUNTARY RETIREMENT. TO MOTIVATE WORK FORCE, MANAGEMENT HAS TAKEN A -20% CUT, BUT WITH $900 MILLION DEBT, AND ALMOST NO EQUITY, (ARG) STILL HAS $200 MILLION IN OPERATING LOSSES, AND CONTINUING LOSSES OF -$30 MILLION/MONTH. FUTURE LOOKS BLEAK, WITH HIGHER FUEL COSTS, MARKET REDUCTIONS, ETC.

MARCH 2001: 2000 = 11.22 BILLION (RPK) TRAFFIC (+16.5%), 272.75 MILLION (FTK) FREIGHT TRAFFIC (+27.2%), 4.18 MILLION PASSENGERS (PAX) (+4.9%).

APRIL 2001: 5,831 EMPLOYEES.

737-266 (21192) RETURNED.

MAY 2001: STRIKE BY UNION OF AERONAUTICAL TECHNICIANS (APTA) AGAINST AEROLINEAS ARGENTINAS (ARG) AND SUBSIDIARY AUSTRAL (ALA) CONTINUES. FIRES -50 FOR TOTAL -250 EMPLOYEES. LOSING $2 MILLION/DAY. GOVERNMENT TO INJECT $24 MILLION TO PAY BACK-SALARIES AND PREVENT BANKRUPTCY.

7 737-200'S "C" CHECKS (30 DAYS), AT VARIG (VAR).

JUNE 2001: SUSPENDS ALL LONG HAUL FLIGHTS EXCEPT FOR MADRID. SEPI, MAJOR SHAREHOLDER, ORDERS SUSPENSION OF ALL FLIGHTS "FOR SECURITY REASONS." GOVERNMENT ORDERS AEROLINEAS ARGENTINAS (ARG), TO RESUME ITS LONG HAUL ROUTES OR RISK LOSING THEM.

FILES FOR ARGENTINE VERSION OF CHAPTER 11.

737-236 (21799), (PSS) LEASED. 2 747-200'S HEAVY MAINTENANCE CHECKS COMPLETED AT VARIG (VAR).

OCTOBER 2001: SEPI, SPANISH MAJORITY STOCKHOLDERS SELLS ITS STAKE TO SPANISH HOLDING COMPANY, AIR COMET, WHO OWN AIR PLUS (APZ), WHICH HAS A SUBSIDIARY AIRLINE IN ARGENTINA, ALONG WITH THE POWERFUL MARSANS TRAVEL CONGLOMERATE. MARSANS IS ALSO A PARTNER WITH SCANDINAVIAN AIRLINES (SAS) IN SPANAIR (SPP), AND OWNER OF A LARGE INTERNATIONAL HOTEL CHAIN AND MAJOR WHOLESALE TOUR OPERATORS. NEW OWNERS AGREED TO TAKE OVER 50% OF COMPANY'S $1 BILLION DEBT, AVOID LAYOFFS OF CURRENT 7,000 JOBS AT (ARG) AND AUSTRAL (ALA).

NEW SPANIARD, (CEO), IS ANTONIO MATA, EX-(APZ). MOTA SAYS HE WILL CUT WORKERS' SALARIES BY -15 TO -20%, BUT WILL COMPENSATE THEM WITH STOCK OPTIONS TO RAISE THEIR EQUITY IN (ARG) TO 10%. LUIS CONRADO LUPORI (ARGENTINE), PRESIDENT.

NOVEMBER 2001: MARCELO ESTELLA, TECHNICAL OPERATIONS MANAGER REPLACES ROBERTO ROLLI.

FEBRUARY 2002: TO MERGE WITH ITS DOMESTIC SUBSIDIARY, AUSTRAL (ALA) TO HAVE JUST ONE AIRLINE, WITH A COMMON BRAND AIRLINE NAME.

APRIL 2002: PLANS TO SET UP A HUB IN MADRID, AND OPERATE SCHEDULED SERVICES TO LONDON, FRANKFURT, AND PARIS. WILL USE MD-88'S WITH ARGENTINE CREWS.

5,552 EMPLOYEES.

MAIN BASE: BUENOS AIRES - AEROPARQUE JORGE NEWBERY AIRPORT (AEP).

HUB: CORDOBA AIRPORT (COR).

MAY 2002: PLANS TO START CONSTRUCTION OF $10 MILLION MAINTENANCE CENTER, SPECIALIZING IN 747 AIRPLANES. TO START WITHIN 2 MONTHS, AND CREATE +200 JOBS.

IN JULY 2002, CODE SHARE WITH CONTINENTAL AIRLINES (CAL) TO MIAMI AND NEW YORK.

June 2002: The Aerolíneas Argentinas (ARG) Foundation is created (an organization with social and cultural purposes).

MD-88 (53446, LV-VGB) based in Madrid. Madrid - London Gatwick (LGW) (MD-88, 3/week).

July 2002: 2001 = 4.58 billion (RPK) traffic (-59.2%); 55.6% LF load factor; 1.88 million passengers (PAX) (-55.1%); 105.34 million (FTK) freight traffic (-61.4%); 5,552 employees (-4.8%).

August 2002: Cordoba - Buenos Aires Ezeiza (EZE) (2/day, nonstop) to tie in with international flights to Rio, Lima, Miami, New York, Pris, Madrid, etc. Plans to expand its Madrid mini-hub to add more MD-80's to link it with Vienna, Istanbul, and Athens. Will also operate an A340-200 from Madrid to Puerto Vallarta (Mexico) on behalf of sister airline Air Plus (APZ).

September 2002: To pay off up to 40% of its EUR720 million/$708 million debt over the next 2 years. The bankrupt Aerolineas Argentinas (ARG)'S 600 or so creditors will receive 15% of what is owed to them in the 1st 3 months, 30% in the following year, and 55% within 2 years.

737-236 (21799, LV-ZYY), Pegasus (PSS) leased.

October 2002: 1st 6 months = -$49 million. In July 2002, earned +$1 million, and in August 2002, +$1.5 million. Expects +$338 million cash injection from its major shareholder, Interinvest.

November 2002: In January 2003, To Punta Cana - Cancun.

Plans to add +6 737-300's.

December 2002: To spend $30 million to set up 4 subsidiary, regional airlines by September 2003, which will be based in Bolivia, Chile, Paraguay, and Uruguay. Will operate 2 737-300's and 1 747-300 that Aerolineas Argentinas (ARG) is acquiring.

Forms Aerolineas Executive Jet to operate up to 3 737-700 BBJ's in VIP configuration, 31 PAX.

January 2003: Is considering flights to Beijing and Tokyo in 2003.

Projects traffic will grow +31% in 2003 to 5.6 million passengers (PAX).

March 2003: 2002 = +$13.2 million (-$392 million).

5,000 employees.

March 2003: An opening route flight between Buenos Aires and Beijing (China) takes place, through a 'Hub' in Madrid (Spain).

April 2003: 737-228 (23011, LV-ZZD), Triton (TIA) leased.

May 2003: In June 2003, Santiago - San Carlos de Bariloche (weekly).

July 2003: 5,400 employees.

Completed its 2nd 747-200 (21727) "D" check at its Ezeiza airport maintenance facility.

737-236 (23166, LV-ZZI), Pegasus (PSS) leased.

August 2003: Plans to float a 20% shareholding on the MerVal (Buenos Aires) stock index by April 2004, and sell up to a 24% stake to Argentine investors. By mid-2004, still operating under Chapter 11 bankruptcy protection, will have paid off two-thirds of its debt of some $855 Million.

Introduction of the Executive Jet line plane, which starts operating immediately.

September 2003: Aerolineas Argentinas (ARG) subsidiary, Aerolineas Executive Jet has its 1st (of 3) 737-200's VIP, 29F, on line (see photo).

2002 = +$13 million (-$392 million): 9.61 billion (RPK) traffic; 76% LF load factor; 3.7 Million passengers (PAX); 7,016 employees (+5.8%) including Austral (ALA).

2002 TOP WORLD AIRLINES PASSENGER TRAFFIC (RPK) (Billion):
65 (JBL) 11.01; 66 (AIJ) 11.00; 67 (PIA) 10.78; 68 (RYR) 10.20; 69 (EGP) 9.65; 70 (ARG) 9.61; 71 (EZY) 9.21; 72 (HWI) 9.04; 73 (ARE) 9.03; 74 (CQT) 8.99; 75 (SPP) 8.98; 76 (SHY) 8.75; 77 (ARL) 8.69; 78 (PRH) 8.67; 79 (XIN) 8.61.

October 2003: Plans to sell 40% of its shares to the public by next July 2004.

Madrid - Milan (737-200, 3/week).

Will launch Aerolineas Regional to operate regional jets indomestic markets. Also, to start new subsidiaries in Bolivia, Chile, Paraguay, and Uruguay.

November 2003: Plans for 1 747-400, ex-Air Canada (ACN) and 10 F 100's to operate regional services from San Carlos de Bariloche and Cordoba.

Buenos Aires - Florianapolis (weekends).

December 2003: Plans to add Buenos Aires - Beijing, via Madrid, in 2004.

1 747-400 and 1 A310 delivery to replace 747-200's on Madrid services.

January 2004: Buenos Aires - Santiago (Spain) - Madrid - (Buenos Aires) (Tues).

February 2004: 2003 = +127.8 million pesos/$43.8 million (+$17 million).

Plans to offer 15% of its shares to the public by October 2004, and an additional 25% by end of 2004.

747-475 (25422), ex-Air Canada (ACN), Pegasus (PSS) leased.

March 2004: Aerolíneas Argentinas (ARG) incorporates a new 747-400 to its fleet, the world's biggest airliner currently in service. The Company is the only one in South America that has this airplane.

April 2004: 7,016 employees.

May 2004: Code share with Air Plus Comet (APZ), Madrid - Zurich (737-300, 3/week).

Announces $558 Million plan to lease 45 737-300's/-500's & 4 747-400's for delivery 2004 - 2009 for growth (plans to increase capacity by up to +50% (ASK)s (capacity) by 2009) and to replace 32 737-200's & 6 747-200's. Plans to acquire 12 737-500's in 2004.

June 2004: The Technical Maintenance Center opens in the facilities of the Aeronaval Arsenal 'Comandante Espora' located in the city of Bahía Blanca, in the framework of the agreement signed by Aerolíneas Argentinas (ARG) and the Argentine Navy. This Center allows for the provision of maintenance services for commercial and military aviation, creating a highly skilled work source.

Buenos Aires - Mexico City - (Acapulco) - Buenos Aires (A310).

Replaced an Air Plus Comet (APZ) 737-300 with an Aerolineas Argentinas (ARG) MD-88 to operate services from Madrid to London Gatwick, Milan (MXP), & Paris (CDG). (APZ) continues to operate to other European services on behalf of (ARG) using A310-300's.

747-287B (22592, EC-IZL) transferred to Air Plus Comet (APZ). 2 MD-83's ex-Flying Finn for Austral (ALA) operations.

July 2004: Launches Sabre Airline Solutions customer care features - - Customer Insight & Customer Data Delivery - - that are part of its new-generation passenger management suite.

2003 = 951 million (RPK) traffic (+38.2%); 74.3% LF load factor; 3.79 million passengers (PAX) (+39.8%); 103.44 million (FTK) freight traffic (+62.4%).

August 2004: 747-475 (24895, LV-AXF), leased. 32 orders 737-300/-500's and 17 orders 747-400's. 1 F28-1000, American Falcon (FAK) wet-leased for Rosario to Viedma route.

October 2004: 5,400 employees.

737-5H6 (26456, LV-AYE), (GEF) leased and transferred to Austral (ALA).

November 2004: 747-287B (21726) transferred to Air Plus Comet (APZ). A310-324 (686), Airbus (AFIS) leased, ex-(APZ).

December 2004: 737-528 (25234, LV-AYI), ex-Air France (AFA), (GEF) leased.

January 2005: 737-228 (23349), (ALA) leased. 737-528 (25235), ex-(AFA), (GEF) leased.

February 2005: Once again, Aerolíneas Argentinas (ARG) travels the route to Mexico five times a week, using A310 with a capacity of 175 passengers in tourist class (Y) and 17 in Club Cóndor (C).

May 2005: 737-5H4 (26450, LV-BAR) & 2 737-5H6's (26448, LV-BAX; 26454, LV-BBN), (GEF) leased. 747-475 (24883), ex-Air Canada (ACN), Pegasus (PSS) leased, was in storage at Marana.

June 2005: 737-281 (20562, LV-WSY) leased to Aerolineas del Sur (AES). MD-88 (53351, LV-VCB), leased to Air Plus Comet (APZ).

July 2005: 9,000 employees.

Letter of Intent (LOI) 1 order (September 2005) 737-3S3F (23811), ex-Shanghai Airlines (SHA).

August 2005: MD-88 (53447, LV-VGC), transferred to Austral (ALA).

September 2005: 737-3S3F (23811, LV-BBZ), AWAS (AWW) leased & 737-5YO (24899, LV-BDD), deliveries. (MD-88 (53049, LV-VBZ), transferred to Austral (ALA).

October 2005: 737-236's (23168; 23169; 23171; 23172; 23225; withdrawn from use (WFU) at Ezeiza for return to Finova (GRB). (MD-88 (53047, LV-VBX), transferred to Austral (ALA).

November 2005: MD-88 (53446) to be leased to Air Plus Comet (APZ).

December 2005: Aerolineas Argentinas (ARG) said in a press release that the Argentine Labor Ministry ordered the Asociacion de Pilotos de Lineas Aereas and the Asociacion de Personal Tecnico Aeronautico to fulfill their obligations on 50% of domestic scheduled flights and 75% of international flights.

A310-324 (451, EC-GMU), Air Plus Comet (APZ) wet-leased.

February 2006: Aerolineas Argentinas (ARG) has applied to the Israel Civil Aviation Authority for permission to fly to Tel Aviv. If approved, the airline would like to begin scheduled service in June with as many as 5 flights a week.

Aerolíneas Argentinas (ARG) starts non-stop flights to Caracas and Bogotá.

Aerolineas Argentinas (ARG), will add 7 airplanes to its fleet expansion plan. The airline had originally planned to add 15 Boeing 737-500s to its fleet but that number has now increased to 20, 10 of these will be in service by the end of the month. Aerolineas (ARG) will also add 2 A310-300s for regional routes to Miami and Mexico City.

May 2006: Aerolineas Argentinas (ARG) announced that it will grant a +19% salary increase to approximately 7,000 employees represented by five unions in an effort to achieve long-sought labor peace. The raise will go into effect, once "social peace" is reached with the mechanics and pilots unions, the carrier said. "We would have wanted that the workers represented by the unions, that are present here, to have received the adjustment months ago, but we have crashed against the permanent unyielding attitude of two unions in conflict," said Antonio Mata, Vice Chairman of the Aerolineas Argentinas Group board. The group also announced that Esteban Maccara will take over as group General Manager.

August 2006: Aerolineas Argentinas (ARG) airplanes will sport the logo of the country's new Estrategia Marca Pais branding campaign implemented by the national tourism office and foreign affairs ministry. A 747-400 was the 1st airplane to be emblazoned with the logo, which also will be featured at airports (ARG) serves.

November 2006: Aerolíneas Argentinas (ARG) will resume nonstop service from Buenos Aires to New York (JFK) this month with 3x-weekly departing Buenos Aires on Mondays, Thursdays, & Saturdays and departing (JFK) on Tuesdays, Fridays & Sundays using an A340.

December 2006: Declaring that the "monopolistic practices among airport authorities in Latin America have to stop now," (ALTA) Executive Director, Alex de Gunten harshly criticized rising airport charges across the region Friday, singling out airports in Argentina, Ecuador, Costa Rico and Mexico.

In a proclamation issued at the Latin American Airline Leaders Forum in Cancun and approved by the 33 member carriers of (ALTA), the organization called for a "rescission of the harmful airport-government contract in Argentina." "(AAL) 2000," which controls 30 airports in Argentina, was awarded a 30-year concession for airport management in February 1998, (ALTA) noted. Last August, (AA) 2000 signed a modified management agreement that levies "disproportionately high fees to international operations" and "is harmful to . . . the traveling public and the airlines."

Because airlines were not involved in the renegotiated agreement, the deal "violate[d] the Chicago Convention," de Gunten stated. (ALTA) was joined in this claim by (IATA) (ITA) and (JURCA), the Argentine Airline Association.

The issue of rising airport charges was cited by >1 airline chief executive during the 2-day conference and a presentation by a board member of Airports Council International was blasted as not reflecting the reality of the situation in Latin America, to heavy applause from the audience of >450, including representatives from > 45 airlines from Latin America and the Caribbean.

January 2007: Airbus (EDS) said it finalized an order at the end of 2006 from Spanish tour operator Air Plus Comet (APZ) and Aerolineas Argentinas (ARG) parent, Grupo Marsans for 12 A330-200s plus 10 options valued at about $2 billion. The commitment had been announced at last July's Farnborough Airshow.

Grupo Marsans said the (PW4000)-powered airplanes will be configured for 280 passengers in 2 classes and will be used to replace 747-200s. Some will be operated by (ARG) and another of its airline subsidiaries, Air Plus Comet (APZ) of Spain. Marsans also agreed yesterday to lease 2 A340-300s for delivery this year. President, Gonzalo Pascual said the new airplanes will "support our sustained growth in Latin America."

March 2007: Aerolineas Argentinas (ARG) and Avianca (AVI) signed a code share agreement under which (ARG) passengers on the carrier's 3x-weekly flights to Bogota will be able to connect to (AVI)'s domestic services while (AVI) passengers flying to Argentina will have access to domestic flights operated by (ARG) or Austral Lineas Aereas (ALA).

April 2007: The USA and Argentina reached an expanded air services agreement that will raise the number of possible weekly passenger flights between the countries from 56 to 77 immediately, and to 112 by March 2009. Airlines from both countries also will have access to more follow-on international destinations.

May 2007: Starting September 1st, Sao Paulo (GRU) - Miami, using A310-200s.

June 2007: Aerolineas Argentinas (ARG) is the Argentinian flag carrier serving more than >34 domestic and more than >30 international destinations in Europe, the Americas, and the Pacific.

(IATA): AR - 044. (ICAO): ARG (Callsign - ARGENTINA).

Parent organization/shareholders: Marsans Group (92%); government of Argentina (5%); & employees (3%).

Alliances: Aerosur (REO); Austral Lineas Aereas (ALA); & Spanair (SPP).

Main Base: Buenos Aires Aeroparque Jorge Newbery Airport (AEP).

Hub: Cordoba airport (COR).

Domestic, Scheduled Destinations: Bahia Blanca; Buenos Aires; Catamarca; Comodoro Rivadavia; Cordoba; Corrientes; El Calafate; Esquel; Formosa; Iguazu; Jujuy; La Rioja; Mar del Plata; Mendoza; Neuquen; Posadas; Resistencia; Rio Gallegos; Rio Grande; Rosario; Salta; San Carlos de Bariloche; San Juan; San Luis; San Martin de Los Andes; San Rafael; Santa Fe; Santa Rosa; Santiago del Estero; Trelew; Tucuman; Ushuaia; & Viedma.

International, Scheduled Destinations: Asuncion; Auckland; Barcelona; Bogota; Caracas; Florianapolis; Lima; London; Madrid; Mexico City; Miami; Montevideo; Munich; New York; Paris; Porto Alegre; Punta del Este; Rio de Janeiro; Rome; Santa Cruz; Santiago; Sao Paulo; & Sydney.

Aerolineas Argentinas (ARG) is taking delivery of the 2nd of 7 737-500s this month. The remaining airplanes will arrive in July, September, October (2), and November. The carrier said it also will take an A310 and A340 next month, a 2nd A310 in August, and a 2nd A340 "later this year."

A340-313 (093, 9Y-TJN), ex-Caribbean Air (TTA), (ILF) leased.

July 2007: Aerolineas Argentinas (ARG), a founding member of (ALTA), has returned to the organization. The move follows (ARG)/Austral (ALA)'s readmission to (IATA) (ITA) last month. (ARG) currently operates 3 747-400s, 2 747-200s, 4 A340-200s, 2 A310-200s, 22 MD-80s, 13 737-500s, and 5 737-200s.

August 2007: (ILFC) (ILF) announced the following lease contract: Aerolineas Argentinas (ARG) for one used A340-312 (048), ex-Air Canada (ACN), for 6 years with delivery this October.

October 2007: Aerolineas Argentinas (ARG) will launch 2x-daily Buenos Aires - Asuncion flights on October 22. One daily flight will be nonstop, while the other will stop in Corrientes 4x-weekly and Resistencia 3x-weekly. It also will launch weekly Cordoba - Rio de Janeiro Galeao service on December 16 aboard a 108-seat, 737-500.

Barcelona International Airport's new Sur terminal will be used by 42 airlines, including Oneworld (ONW) members and "associates" Clickair (CLK) plus Air Nostrum, and Star Alliance (SAL) members plus affiliates Air Comet (APZ) and Aerolineas Argentinas (ARG), Spanish airports operator (Aena) announced. Vueling Airlines (VUZ) also will operate from the new terminal. SkyTeam (STM) carriers, which requested to operate out of T Sur, instead will have exclusive use of the existing Terminal A, while other low-cost operators and airlines without intercontinental flights, will operate out of the B and C terminals.

Aerolineas Argentinas (ARG) and Air Comet (APZ) parent Grupo Marsans, the Spanish tourism and transport giant, yesterday signed a Memo of Understanding (MOU) with Airbus (EDS) for four A380s, 10 A350-900s, five A330-200s, five A321s, 25 A320s and 12 A319s. No catalog value or engine choice was announced in conjunction with the order, which follows Marsans' 2006 commitment for 12 A330-200s. "This purchase is an important step for us at Grupo Marsans in our development. It demonstrates our commitment to enhancing our group's position on the short- and long-haul networks by incorporating the most efficient airplanes on the market today," President, Gonzalo Pascual said, noting that "with the A380, we will become the first A380 customer and operator in Spain and South America." Some of the new airplanes may be destined for Spanair (SPP), which was partially established by Pascual, and which Marsans is expected to attempt to acquire from the (SAS) Group.

Aerolineas Argentinas (ARG) and Air Comet (APZ) parent, Grupo Marsans, the Spanish tourism and transport giant, is planning to deploy its 4 A380s on Madrid - Buenos Aires service, but its desire to boost capacity to Mexico City, may force it to increase its order. Marsans President, President Gonzalo Pascual said at Monday's Singapore Airlines (SIA) delivery ceremony in Toulouse, that "for Mexico City, we need +2 more A380s. That's what we have now under consideration." The company signed a Memo of Understanding (MOU) with Airbus (EDS) for 61 airplanes last week.

A340-312 (048), ex-Air Canada (ACN), (ILF) 6 year leased.

November 2007: Aerolineas Argentinas (ARG) is planning international expansion after boosting its fleet with 2 A340-200s leased from Air Canada (ACN). It has not earmarked the A340s for specific routes, but expectrs to launch Paris non-stops before the end of the year. (ARG) has added 17 airplanes in the past quarter, including 7 for for its domestic arm, Austral (ALA). With additional 737s, (ARG) plans to revive routes to several cities, including Asuncion in Paraguay.

Meanwhile, Austral (ALA) could face new competition. Former (ARG) President, Antonio Mata has unveiled plans to launch a domestic low cost carrier (LCC) named "Air Pampas."

December 2007: Grupo Marsans said that it has made a formal offer for (SAS) subsidiary Spanair (SPP) and that it expects a reply in early 2008, according to press reports from Madrid. Marsans' business plan reportedly includes the opening of a hub in Barcelona.

January 2008: Panasonic Avionics said Grupo Marsans selected Panasonic eX2, In-Flight Entertainment (IFE) systems for installation on 12 A330-200s operated by Aerolineas Argentinas (ARG) and Air Comet (APZ). The 1st delivery is scheduled for August.

February 2008: Grupo Marsans exercised options to purchase (PW4000-100)s to power 5 new A330s to be delivered beginning in 2010. The A330s, part of an order for 12 of the type placed at last year's Paris Air Show, will be operated by Grupo Marsans subsidiaries Air Comet (APZ) and Aerolineas Argentinas (ARG). The deal is valued at >$285 million, including a maintenance agreement.

April 2008: Aerolineas Argentinas (ARG) took delivery of a 164-seat A320-200, the 5th airplane it has added so far this year. It will take 6 A320s by year end, it said, and has received its 17th 737-500 .

June 2008: The future ownership structure of flag carrier Aerolíneas ­Argentinas (ARG) could be decided soon, with majority owner Grupo Marsans of Spain embroiled in negotiations with local businessman Juan Carlos Lopez Mena, who heads up the Argentine ­shipping company, Buquebus. Jorge Molina, Director Corporate Affairs at (ARG), said the Argentine government aims to increase its stake in the flag carrier to 20% from 5% under a plan which, if negotiations prove successful, will see Marsans sell a further 36% stake to Lopez Mena. This would leave the Spanish travel group with a 34% shareholding. The remaining 10% of the airline's shares would be in the hands of its employees.

"The idea is to open up the share capital to local businesses," says Molina, adding that nothing has been finalised and negotiations between Lopez Mena and Marsans President, Gonzalo ­Pascual are still ongoing.

Marsans acquired its stake in Aerolíneas Argentinas (ARG) and sister carrier Austral (ALA) in 2001 through its subsidiary Air Comet (APZ). An industry source in Buenos Aires says it is unclear how (ALA) will be impacted by the proposed sale, and this has led to unrest and strike threats from the carrier's unions. The source adds that (ARG) is struggling financially, a situation which is being compounded by the uncertainty over its future ownership.

Molina says (ARG) incurred a net loss of -$100 million in 2007 on revenues of $1.1 billion. He added that (ARG)'s strategy going forward is to strengthen its Latin American network, particularly to destinations in Brazil, Colombia, Venezuela, Mexico, and Peru, and increase its European frequencies to Barcelona, Madrid, and Rome. "In the future, we will continue to strengthen our European network, and we are studying Paris and London," says Molina.

(ARG)'s growth strategy is dependent on an airplane order placed by Marsans with Airbus (EDS) in October 2007 for 10 A350-900s, four A380s, five A330-200s and 42 A320-family airplanes. The Spanish company has not yet indicated which of its subsidiaries will receive which airplanes.

July 2008: Aerolineas Argentinas (ARG)'s future ownership structure, agreed to earlier this year, has been cast in doubt and Argentina's government reportedly is considering a full nationalization of the carrier. Spanish tourism and transport giant Grupo Marsans announced in May that it had agreed to lower its holding in (ARG) from 95% to 35% so the government could raise its stake from 5% to 20%, airline employees could take 10% and Argentine private investors could hold the rest. But, according to Argentina's "La Nacion," (ARG) has racked up $400 million in debt this year and has been forced to ground a number of airplanes. With service levels waning, the government will seek to have a court-appointed administrator take over decision-making this week. Legislation to nationalize (ARG) is being considered. Marsans responded by accusing the Argentine government of "driving us out of the company" and backing away from the prior agreement.

Later, the Argentine government and Grupo Marsans reached agreement to nationalize Aerolineas Argentinas (ARG), Transport Secretary, Ricardo Jaime told reporters in Buenos Aires, according to press reports. The price for Marsans' stake has yet to be determined.

August 2008: Grupo Marsans' planned sale of Aerolineas Argentinas (ARG) and its Austral (ALA) subsidiary to the Argentine government, moved forward after the lower house of the national congress, the Chamber of Deputies, approved the renationalization. (ARG) was privatized in 1991 and reportedly is carrying debt of around $900 million. The Chamber of Deputies approved the measure by a 167 to 79 vote, according to press reports. The Senate is scheduled to discuss the bill, which sets out the conditions and price for acquisition of the troubled carriers. It must approve the bill for it to become law.

September 2008: The Argentine Senate authorized the renationalization of Aerolineas Argentinas (ARG) by a 46 to 21 vote. The legislature now will negotiate the purchase price for (ARG) and its Austral Lineas Aereas (ALA) subsidiary.

November 2008: An Argentine court appointed an administrator to take over day-to-day oversight of Aerolineas Argentinas (ARG)'s operations, as the Argentine government and Spain's Grupo Marsans, the airline's current owner, argue over terms of the carrier's nationalization. Marsans has agreed to sell its holding to the Argentine government but claims the government has violated terms of the deal by not finding a 3rd party to perform a valuation. Marsans reportedly is threatening to take the case to the World Bank's International Center for Settlement of Investment Disputes.

December 2008: The Chamber of Deputies, the lower house of the Argentine congress, approved a bill to expropriate Aerolineas Argentinas (ARG), calling it a "public utility." It is expected to be passed by the Senate this month. (ARG) owner, Grupo Marsans has threatened to make a $1 billion claim at the World Bank's arbitration tribunal if the expropriation goes ahead. The government has been running (ARG) since summer, and said it would not assume any of the carrier's "illegitimate debt." A Credit Suisse valuation commissioned by Marsans said (ARG) and its Austral (ALA) subsidiary are worth up to $450 million, while an Argentina state court said the carriers are worth -$600 million. Several other disputes have marred negotiations. (ARG)'s debt is around $850 million.

The Argentine Senate signed off on the expropriation of (ARG) and (ALA) in a 42 - 20 vote, following the Chamber of Deputies' approval early this month. (ARG) owner, Grupo Marsans has filed for arbitration at the World Bank's International Center for Settlement of Investment Disputes in response. Senators said that (ARG) is losing ARS27 million/$7.9 million per month, "Reuters" reported.

February 2009: Aerolineas Argentinas (ARG) signed a purchase agreement for 12 737-700s, Argentine Planning Minister, Julio De Vido told reporters, according to "Reuters." He said the airplanes will begin arriving in April.

(ARG)'s Austral (ALA) subsidiary took delivery of the 2nd of 3 MD-88s. It said it acquired the 160-seat airplane from a Mexican source.

May 2009: Aerolineas Argentinas (ARG) will begin a daily, Buenos Aires - Cordoba - Mendoza flight on July 1.

737-7BD (33938, LV-BYY) delivery.

June 2009: The Argentine government outlined its plans to "modernize" newly nationalized, Aerolineas Argentinas (ARG) and Austral Lineas Aereas (ALA) and indicated its commitment to a long-haul Airbus (EDS) order. The airlines were brought under state control 6 months ago. (ARG) recently took delivery of a new 737-700, the 1st new airplane purchased for the carrier in 16 years. A 2nd will arrive before July and 9 "similar airplanes" will be added on lease this year.

The government said it "has announced" the purchase of 15 - 20 A330s/A340s, although (EDS) indicated no such order on its orders and deliveries website. (ARG) currently operates 6 A340s.

Last month, the government ordered 20 96-seat, Embraer E190s for Austral (ALA) for delivery at a rate of 2 per month starting early next year. It said the $600 million purchase will be 85% financed by a loan from Brazil's (BNDES).

Argentine President, Cristina Kirchner called the airplane additions "not just an economic story - - it is also the restoration of national dignity." The statement said (ARG) intends to "explore new international routes to accommodate the rapid rise in tourists visiting from Europe and the USA."

Aerolineas Argentinas (ARG) took delivery of 1 purchased 737-7BD (35962, LV-GOO), with a 2nd scheduled to arrive before the end of the month. It will lease +9 further 737-700s/-800s "in the following months" as it replaces its 737-200s and MD-80s.

September 2009: 2 737-73Vs (30235, G-EZJA; 30243, N243CL) and 737-76N (32695, OK-GCD), deliveries.

November 2009: SEE ATTACHED "AIRLINE BUSINESS" ARTICLE - - "ARG-NEWS-2009-11."

(GECAS) (GEF) delivered one new 737-700 to Aerolineas Argentinas (ARG) as part of sale/leaseback deal - - SEE ATTACHED - - "ARG-2009-11 8TH 737-700."

February 2010: 2 737-73Vs (30236, LV-CBS), delivery and (30237, LV-CCR), (GEF) leased.

May 2010: (AWAS) (AWW) delivered one A340-300 to Aerolineas Argentinas (ARG) to support its existing long-haul network.

July 2010: Aerolineas Argentinas (ARG) is the Argentinian flag carrier serving more than >34 domestic and more than >30 international destinations in Europe, the Americas, and the Pacific.

Employees = 5,000.

(IATA): AR - 044. (ICAO): ARG (Callsign - ARGENTINA).

Parent organization/shareholders: Government of Argentina (100%).

Owns: Austral Lineas Aereas (ALA) (100%).

Alliances: Aerosur (REO); Austral Lineas Aereas (ALA); & TAM Airlines (TPR).

Main Base: Buenos Aires Aeroparque Jorge Newbery Airport (AEP).

Hub: Cordoba airport (COR).

Domestic, Scheduled Destinations: Bahia Blanca; Buenos Aires; Catamarca; Comodoro Rivadavia; Cordoba; Corrientes; El Calafate; Esquel; Formosa; Iguazu; Jujuy; La Rioja; Mar del Plata; Mendoza; Neuquen; Posadas; Resistencia; Rio Gallegos; Rio Grande; Rosario; Salta; San Carlos de Bariloche; San Juan; San Luis; San Martin de Los Andes; San Rafael; Santa Fe; Santa Rosa; Santiago del Estero; Trelew; Tucuman; Ushuaia; & Viedma.

International, Scheduled Destinations: Asuncion; Auckland; Barcelona; Bogota; Caracas; Florianapolis; Lima; London; Madrid; Mexico City; Miami; Montevideo; Munich; New York; Paris; Porto Alegre; Punta del Este; Rio de Janeiro; Rome; Santa Cruz; Santiago; Sao Paulo; & Sydney.

September 2010: Aerolineas Argentinas (ARG) has taken delivery of its 1st 2 Embraer E190ARs for its Austral Líneas Aéreas (ALA) operation. The twinjets are part of a 20-airplane order placed last year after the Argentinean and Brazilian governments arranged a $700 million loan supported by Brazil’s development bank. (ALA)’s E-Jets also sport the airline’s new livery, which was unveiled in June, and are configured with 8 seats up front and 88Y in economy. The jets have a range of 2,400 nm and offer in-seat in-flight entertainment.

“With (ALA) joining our list of operators, we now have 53 airlines flying the E-Jets in 36 countries,” says Embraer Executive VP Airline Market, Paulo César de Souza e Silva. “We are very proud to see the E190 in the colors of (ALA), and to have even closer commercial ties with Argentina, which has always had a dynamic air transport market and excellent growth potential. “We are certain that the E-Jets are the right tool for assisting in their development,” he adds.

The E190ARs will replace and expand (ALA)’s current fleet of MD-80s.

October 2010: Aerolineas Argentinas (ARG) will launch 4x-weekly, A340 Buenos Aires - Mexico City service on March 3, departing Mondays, Tuesdays, Thursdays, and Sundays. (ARG) increased its 3x-weekly, Buenos Aires - Barcelona El Prat service to 4x-weekly, departing on Wednesdays, Thursdays, Fridays, and Sundays and will increase 3x-weekly service to Sydney to 4x-weekly in December, further expanding to 5x-weekly for the peak season beginning in January. Flights will depart Buenos Aires on Mondays, Tuesdays, Wednesdays, Thursdays, and Saturdays. All new frequencies will be operated with an A340, it said. It will launch a 6th daily frequency to Sao Paulo in January.

Aerolineas Argentinas (ARG) will sign an agreement by the end of this month "to officially start the process of joining the SkyTeam (STM) alliance as the first South American member of the airline alliance."

The (STM) alliance added that it "is actively working to strengthen its presence in Latin America, a region with strong growth figures and a positive outlook for the future." It said (ARG) is expected to become a full member in 2012. Aeromexico (AMX) is the geographically closest current member.

Re-nationalized in late 2008, (ARG) has been loss-making for some time. It is trying to shake off what President Mariano Recalde has described as a reputation for poor service that took hold when Grupo Marsans owned (ARG). When the Spanish company controlled it, service was "irregular and constantly delayed," he told the "Buenos Aires Herald" earlier this year. "Buying a ticket and hoping for a flight on time was like buying a lottery ticket." He has projected that (ARG) will return to profitability in 2012.

The SkyTeam (STM) alliance said that "through a 5-year restructuring plan introduced last year, (ARG) is implementing a number of measures to strengthen its business model and establish itself as a major player in Latin America. Key elements of this plan include fleet renewal and rationalization, adding key international destinations, increasing the density of the domestic and regional network and improving product quality and consistency."

SkyTeam (STM) alliance Chairman, Leo van Wijk said at the alliance's 10th anniversary gathering in New York earlier this year that Latin America is "the most difficult" area in which to find potential partners with suitable network scope because "the market is rather fragmented. It is not a continent where one solution will do, so we are targeting more carriers in the different regions of the continent."

SkyTeam (STM) Managing Director, Marie-Joseph Male said that the (STM) alliance will maintain its standards as it expands because "Whoever wants to join has to commit to go through a process and comply with more than >100 membership requirements. That in and of itself ensures that we have a level of service offering that's acceptable."

The (STM) alliance currently has 13 members. China Eastern Airlines (CEA) and China Airlines (CHI) also are in the process of becoming members. (ARG)'s network comprises 18 international destinations. In conjunction with regional affiliate, Austral Lineas Aereas (ALA), it operates flights to 34 destinations in Argentina.

November 2010: Aerolineas Argentinas (ARG) signed an agreement to join the SkyTeam (STM) alliance in 2012. (ARG) will be the (STM) alliance’s 1st South American member, adding 38 new destinations to the (STM) network.

January 2011: Aerolineas Argentinas (ARG)’s revival plan is “on track” and will include the return of services this year to Mexico City and New York, says President & (CEO), Mariano Recalde. (ARG)'s latest financial announcement also shows a nearly +50% rise in revenue for the first 10 months of 2010, with sales of $917.1 million. At the same time, traffic for the period rose +22% year-on-year to 11.3 billion (RPK)s, while capacity grew +20.1% to 15.6 billion (ASK)s. Load factor improved about +1.6% points to 72.5% LF. Frequencies grew +25.6% and enplanements +23.7% to about 5.4 million passengers. “The number of flown hours is a record for the period since figures started being recorded back in 2000.”

“Aerolineas Argentinas (ARG) is aiming to become the best option for passengers and hence our efforts to recover international destinations and to increase our frequencies to well-established ones,” says Recalde in a statement. “From March 3 we will start flying to Mexico City, and soon after we will fly again to New York.”

April 2011: (ILFC) (ILF) reached a 5-year lease agreement with Aerolíneas Argentinas (ARG) for 10 737-700NG airplanes. Deliveries are expected to begin this month and be completed by October 2012.

May 2011: Aerolineas Argentinas (ARG) while working towards a Skyteam (STM) alliance membership, recently took a positive step towards modernization and respectability by agreeing to install the SabreSonic reservation system, along with other Information Technology (IT) tools from Sabre. (ARG) also renewed its distribution agreement with the Sabre Global Distribution System (GDS).

June 2011: Flights were expected to gradually resume at Buenos Aires's Ezeiza and Aeroparque airports, which were shut down much of Tuesday June 7th owing to ash from Chile's Puyehue volcano that drifted over Argentina. SEE ATTACHED - - "ARG-2011-06-CHILE VOLCANO ERUPTION." The Argentine government said "improved meteorological conditions" and "the dispersion of the cloud of volcanic ash" would allow for a gradual resumption of flights.

Air service to, from and within Argentina was grounded for several hours, impacting multiple airlines, particularly Aerolineas Argentinas (ARG). "For safety reasons, all flights are cancelled due to volcanic ash clouds," (ARG) announced on its website. "Airports are closed and all operations suspended." Ascend reported that San Carlos de Bariloche Airport near the Chilean/Argentine border was "covered in ash" and that "several airplanes" including Austral Lineas Aereas (ALA) Embraer E190s were stranded there.

August 2011: Delta Air Lines (DAL) and Aerolineas Argentinas (ARG) announced a code sharing agreement under which (DAL) will place its code on (ARG) flights to Calafate, Cordoba, Iguazu, Mendoza, Rio Grande, Rosario, San Carlos de Bariloche, and Ushuaia; (ARG) will place its code on (DAL) service to Boston, Chicago, Dallas, Denver, Houston, Los Angeles, New Orleans, New York City, Orlando, Philadelphia, San Francisco, San Juan, Seattle, Washington, Montreal, Toronto, and Vancouver. The agreement will begin in the fourth quarter.

September 2011: Aerolineas Argentinas (ARG) has emerged from its reorganization proceedings, filed in 2001. The Argentine government took control of the company in 2008. "According to the court decision, the obligations pursuant to the reorganization plan are deemed to be fulfilled," President & (CEO), Mariano Recalde said.

October 2011: Gol (GOT) and Aerolineas Argentinas (ARG) signed
a code share and frequent flier agreement. Though largely domestic oriented, (GOT) began serving Argentina in 2005 and now flies to Buenos Aires Ezeiza, Buenos Aires Newberry, Cordoba and Rosario. (ARG)
flies to Sao Paolo, Rio de Janeiro and Porto Alegre in Brazil.

November 2011: Aerolíneas Argentinas (ARG) signed code share agreements with AirFrance (AFA) and (KLM), under which (AFA) and (KLM) will place their codes on (ARG) service to Cordoba, Mendoza, Rosario, Montevideo, and Asuncion. (ARG) will place its code on (AFA) and (KLM) service to Nice, Marseille, Toulouse, Lyon, and Bordeaux and other European destinations, including Berlin and Munich.

Embraer (EMB) signed a 6-year flight hour pool agreement with Aerolineas Argentinas (ARG) under which it will provide component support for (ARG)’s fleet of 20 E190s through 2017.

January 2012: 737-86J (30478, LV-CTB), Macquarie leased, ex-(D-ABBZ).

February 2012: 737-7Q8 (30630, LV-CSC), (ILF) leased and A340-313X (128, LV-CSF), ex-(B-HXO) delivery.

April 2012: Aerolineas Argentinas (ARG) will drop unprofitable destinations like Auckland and Mexico City from its international network as it plans to boost its flights to higher priority markets.

(ARG) plans to increase frequencies to destinations where it can eventually offer at least one daily flight, (ARG)'s Chief Commercial Cfficer, Juan Pablo Lafosse said.

A first step in that direction will be converting the thrice weekly service to Sydney into a non-stop flight. "The long-haul fleet unification around the A340 gives us now the necessary flexibility to make our network more profitable and attractive for our customers," he said. "We will make the route to Sydney more attractive by dropping the intermediate stop in New Zealand", he adds, saying that this will allow the airline to serve Sydney with five weekly frequencies by the end of the year.

(ARG)'s announcement comes shortly after Qantas Airways (QAN) abandoned its Buenos Aires - Sydney route, creating an opportunity for (ARL) to create a non-stop product for this market. (ARG) was the first airline to connect Latin America with Australia, where it maintains a market presence since its first flight in 1980.

Lafosse says (ARG) will continue serving the Mexican market with its partner Aeromexico (AMX), and that (ARG) will continue to operate flights to Cancun.

Other destinations that will benefit from (ARG)'s strategy are Barcelona and Bogota, which will be served daily in early 2013, up from four weekly flights currently.

(ARG)'s new route strategy also includes plans to introduce a second daily frequency to Miami, one of which will be operated as a daylight flight with an intermediate stop in Caracas.

The improved long haul network will be supported by creating a hub at Buenos Aires Ezeiza International airport, where immediate domestic and regional connections to Rosario, Cordoba, Mendoza, Bariloche, Iguazu, Rio Grande, Ushuaia, Trelew, and Calafate, as well as some regional international destinations, such as Santiago, will be provided. Previously, passengers to these destinations needed to go through a lengthy ground transfer to Buenos Aires' Aeroparque downtown airport, from where most domestic flights depart.

"Part of the hub is already in operation", explains Lafosse, adding that the new connection center will be completed by July 1st.

Aerolineas Argentinas (ARG) is scheduled to join the SkyTeam (STM) alliance in August and as part of its modernization effort the airline has undergone a major fleet and product rationalization. In May, (ARG) and its regional subsidiary, Austral (ALA) will ground their last remaining 737-500 and MD-83 airplanes, respectively. This will leave the airline with a modernized fleet of Embraer E190s, 737-700/800s and A340-200/300s covering its short, medium and long haul needs.

(ARG) has retired its remaining 7 737-500s, 2 MD-88s and 1 MD-83 from service and now operates with 16 737-700s and 2 737-800s on short-haul routes.

June 2012: Aerolineas Argentinas (ARG) has agreed with airplane lessor (AWAS) (AWW) to lease 2 new 737-800s (39425, LV-CXS and 39426, LV-CXT) that will be delivered in the fall of 2012. (ARG) already operates 2 other ex-Air Berlin (BER) 737-800s.

July 2012: Aerolíneas Argentinas (ARG) and co-sister, Austral (ALA) announced they will increase 18x-weekly, Montevideo - Buenos Aires joint services to 50x-weekly on August 1.

2 737-7Q8s (30638, LV-CXN; 30647, LV-CYJ), ex-(N272LF & N225LF), (ILF) leased.

August 2012: Aerolíneas Argentinas (ARG) has become the SkyTeam Alliance (STM)’s 18th member and the (STM) alliance’s 1st South American member. (ARG) adds 40 new destinations to the SkyTeam (STM) alliance network.

(STM) Alliance Managing Director, Michael Wisbrun said (ARG) will help the (STM) alliance strengthen its South American network.

Joining the (STM) Alliance is part of (ARG)’s long-term restructuring plan, which includes fleet renewal and network rationalization, upgrading the entire Information Technology (IT) platform, improving product quality and enhancing its frequent flyer program.

(ARG) operates from Buenos Aires airport (BUE) to 52 destinations in 14 countries, including 35 domestic destinations. (BUE) is served by 6 (STM) Alliance members (Aeroméxico (AMX), Air Europa (ARE), AirFrance (AFA), Alitalia (ALI), Delta Air Lines (DAL) and (KLM)) and between them, the (STM) Alliance carriers now offer 123 daily departures from the Argentinean capital to 53 destinations worldwide.

In addition, because (ARG) operates direct flights from (BUE) to Sydney, the (STM) Alliance can now offer a nonstop link between South America and Australia.

(ARG) unveiled a 737-700 (SEE PHOTO - - "ARG-737-700 SKYTEAM ALLIANCE 2012-08") painted in the silver SkyTeam (STM) Alliance livery at the end of the ceremony.

The SkyTeam (STM) Alliance's presence in South America is weak compared with the Oneworld (ONW) and Star (SAL) alliances, even with the membership of (ARG). (ARG) is one of the continent's smaller major airlines as a result of its bankruptcy and reorganization, and does not have services to destinations where many of its competitors operate.

The Oneworld (ONW) alliance includes Chile's (LAN), which has local operations in Argentina, Colombia, Ecuador and Peru. Brazil's (TAM) (TPR), which merged with (LAN) in June, may join the (ONW) alliance within the next 2 years. A decision is expected by the end of this year.

The Star (SAL) alliance includes Colombia's Avianca (AVI), which has operations in Brazil and Ecuador, and for the time being, (TAM) (TPR). The alliance also includes Panama's Copa Airlines (COP), which has operations in Colombia (REU), and El Salvador's Taca (TAC), which has operations in Costa Rica, Guatemala and Peru.

Wisbrun says he "encourages" (ARG) to grow in Argentina and South America, in order to help close that gap between SkyTeam (STM) alliance's network and the other alliances.

(ARG) 1st signed an agreement to become a member of the (STM) alliance in November 2010.

September 2012: On August 24, Aerolineas Argentinas (ARG) launched 2x-weekly services from Buenos Aires Aeroparque (AEP) to Rio Hondo (RHD), a popular spa resort in the north of the country. The 1,000 km route will be served on a 2x-weekly basis using its regional subsidiary Austral (ALA)’s 96-seat E190s. The airport, which was officially launched by the Argentine President, Christina Fernandez de Kirchner as recently as last month, does not yet have any other scheduled services, due to its relative proximity to 2 other already established airports in Santiago del Estero and Tucumán.

Aerolineas Argentinas (ARG) has signed a Memorandum of Understanding (MOU) with regional carrier, (Sol) Líneas Aéreas ((IATA) Code: 8R, based at Rosario Fisherton airport (ROS)) that foresees that (ARG) and its subsidiary Austral (ALA) would coordinate schedules and offer connections between the networks of all 3 airlines. (Sol) currently operates four Saab 340As and two Saab 340Bs on regional routes.

May 2013: (GOL) (GOT) has expanded its code share on Delta Air Lines (DAL) flights between Brasília and Atlanta, Georgia, which is considered a key milestone in the partnership. The move should be completed by August.

The next steps will include all of (DAL)’s flights between Brazil and the USA, and “key connecting markets” operated by the carrier. These comprise all flights to Atlanta, New York (JFK) and Detroit, Michigan. On (GOT)’s side, connecting flights to Atlanta from Goiânia, Belo Horizonte, Curitiba, and Porto Alegre to Brasília will be included in the second stage of implementation. Passengers will be able to mutually accumulate and redeem mileage at the respective Smiles and SkyMiles frequent flyer programs.

The expanded partnership is part of (DAL)’s strategy, which includes a long-term exclusive $100 million alliance with (GOT), a $65 million long-term exclusive alliance with Aeroméxico (AMX), and a code share agreement with Aerolíneas Argentinas (ARL).

June 2013: Aerolíneas Argentinas (ARG) will lease four (CFM56-7B26) powered 737-800s from (CIT) Aerospace (TCI). Deliveries will begin in January.

August 2013: Aerolineas Argentinas (ARG) inaugurated services on the 2,400 km route from its Buenos Aires Ezeiza (EZE) hub to Brasilia (BSB) on August 1st, making the Brazilian capital its 4th destination in the country. At the same time, (ARG) is the 1st airline in history to offer scheduled services between the capital cities of South America’s 2 largest countries. Daily flights are offered on the route and operated using 737-700s. (ARG) already serves Belo Horizonte, Rio De Janeiro and Sao Paulo Guarulhos, each with daily frequency.

With a population in excess of >40 million, making it the 3rd largest on the continent behind Brazil and Colombia, Argentina has witnessed a period of sustained air traffic increases, fuelled by (GDP) growth which is currently outstripping its bigger South American cousins – +0.75% in the last year (ending 1st quarter (Q1) 2013), versus +0.48% in Brazil and +0.7% in Colombia (Source: Tradingeconomics.com). Much of the recent traffic improvements have come from the resurgent state-owned and SkyTeam (STM) alliance member Aerolíneas Argentineas (ARG), which has grown its capacity by nearly +30% in the last year.

The annual number of seats available in the Argentinian market is planned to increase by +8.2% this year, according to data reported by the airlines as of August 5 2013. Since 2005, the total market has grown by over one-third, up from 14 million to an anticipated figure of nearly 19 million for 2013.

Over the period in question, international capacity growth has just outpaced that of domestic, with the former increasing by +36%, whereas domestic managed a +32% hike in seats. However, when reflecting on annual data from 2013 versus 2012, the roles are reversed, with domestic growing by close to +15% year-on-year, and with international capacity expected to marginally decline by less than -1%.

The 5 top airlines in Argentina command 83% of seats and 88% of frequencies, with the market as a whole adding a further 13% of capacity over the past 12 months. Market leader Aerolíneas Argentinas (ARG) has increased its share in terms of weekly frequencies from 51.1% to 55.3%, whereas its weekly seats have developed even more markedly, growing +6.6% to 52.4%, probably as a result of (SOL), (GOL) and (TAM) all reducing their respective share of the market.

There are 2 airports which have posted year-on-year growth in excess of >30%, with Rio Gallegos, the capital and largest settlement in the Patagonian province of Santa Cruz in the extreme south of the country, leading the way with a +33.3% increase. It narrowly beat the #8 airport, Comodoro Rivadavia, also in Patagonia, but this time in the Chubut province, which recorded an impressive frequency hike of +32.7%.

The top 12 international routes represent over 77% of all seats, which is down -2% from 2012 figures. Recording a near +5% growth in the last 12 months, Santiago in Chile has narrowed the gap on the #1 international destination of Sao Paulo Guarulhos in Brazil. While (GOL) (GOT) has withdrawn its daily Ezeiza to Santiago operation, Chile’s second largest carrier (behind (LAN) Airlines), Sky Airline, has added a further 7 frequencies, to take its weekly flights up to 20 on the city pair. Aerolíneas Argentinas (ARG) has also increased its weekly capacity from Aeroparque to the Chilean capital by an extra +9 flights.

The fastest growing international destination in Argentina is the Uruguayan capital of Montevideo, which has seen a +36% increase since August 2012. Much of this growth has been delivered as a result of new Uruguayan entrant (BQB) Líneas Aéreas, which has begun 2x-daily operations to Aeroparque, as well as 5x-weekly services to Ezeiza, both routes flown by its ATR 72s. (SOL) has withdrawn its 12x-weekly operation from Aeroparque, but has added a weekly rotation from Rosario. Meanwhile from April this year, AirFrance (AFA) has extended its existing 4x-weekly service from Paris (CDG) to Ezeiza onto Montevideo.

October 2013: Aerolineas Argentinas (ARG) is focusing on further expansion in the short-haul market, where it continues to benefit from protectionism. (ARG) has incurred stiff losses since re-nationalization despite trying to improve its position through network adjustments, fleet renewal and new partnerships including membership of the SkyTeam (STM) Alliance. (ARG) continues to work on improving its highly unprofitable long-haul operation but (ARG) is now primarily focusing growth in the domestic and (to a lesser extent) the regional international sectors.

Domestically, (ARG) benefits from a lack of competition as Argentina is not open to new entrants including low-cost carriers (LCC)s. Its only main domestic competitor, (LAN) Argentina (LNR), has been unable to expand and has had to overcome numerous challenges, including a recent attempt to evict the carrier from its maintenance base which could have forced it to withdraw from the domestic market.

(ARG) has signed an agreement to buy 20 Boeing 737-800s. Boeing said this order is worth $1.8 billion at list prices, and will expand (ARG)’s current fleet of 26 737s. “This agreement is a key part of a greater plan to renew our fleet and prepare our operations to accommodate growing demand. The Boeing Next-Generation 737-800, which has more seats than our current single-aisle fleet, will give us more flexibility to operate both domestic and regional routes,” (ARG) President, Mariano Gallard said. Currently, (ARG) operates 23 737-700s and 4 737-800s.

(ARG) is to acquire its 1st A340-500 (492, 9V-SGA), currently in service with Singapore Airlines (SIA). The quadjet was recently ferried from Singapore to Lourdes/Tarbes ahead of delivery to South America. (ARG) currently operates 4 A340-211s and 8 A340-300s on its Latin American, USA, Australian, and European services. (SIA) will offload its fleet of 4 A340-500s following a recent move to gradually phase out its Singapore Changi to Newark and Los Angeles International direct flights by year-end. Aerolineas Argentinas (ARG) is expected to lease several A340-500s to eventually replace its aging fleet of 4 A340-200s delivered between 1994 and 1995.

(ARG) is to bring forward the inauguration of its A330-200 fleet to November 18, 2013. A330-200 (290, LV-FNI) will operate Buenos Aires Ezeiza to Miami International daily initially before rising to 2x-daily on January 1, 2014. (ARG)'s 4-strong A330 fleet consists of 2 ex-Atlasjet Airlines (ABE) and 2 ex-Malaysia Airlines (MAS) machines.

November 2013: Aerolineas Argentinas (ARG) cargo division, Aerolineas Cargo, joined the SkyTeam (STM) Cargo Alliance during the Air Cargo Americas Show in Miami, Florida. Aerolineas Cargo became the 12th member carrier of the SkyTeam (STM) Cargo Alliance and adds over >30 Latin American destinations to SkyTeam (STM) Cargo’s global network. “Aerolíneas Cargo strengthens our presence in the growing Latin American market, particularly in the southern cone of South America,” SkyTeam Cargo executive board member and Aeromexico (AMX) Cargo (CEO), Mauricio Nieto said.

The Skyteam Cargo Alliance is currently home to the cargo divisions of Aeroflot (ARO), AeroMéxico (AMX), AirFrance (AFA), Alitalia (ALI), China Airlines (CHI), China Southern Airlines (GUN), (CSA) Czech Airlines, Delta Air Lines (DAL), (KLM) Royal Dutch Airlines, Korean Air (KAL), and China Eastern Airlines (CEA).

December 2013: Aerolineas Argentinas (ARG) once again serves New York (JFK), (ARG)’s 22nd international destination, with the resumption of daily flights from its Buenos Aires Ezeiza (EZE) hub. The 8,499 km sector was last served 5 years ago, but on December 15th, the SkyTeam (STM) Alliance member restarted operations utilizing its 272-seat A330s. (ARG)’s 2nd route to the USA will face direct competition from American Airlines (AAL)’s daily services.

A330-223 (290, LV-FNI - - SEE PHOTO - - "ARG-A330-223"), ex-Malaysian Airlines (MAS), (ILF) leased.

February 2014: Route Network Update for Aerolineas Argentinas (ARG):
Aerolineas Argentinas ((IATA) Code: AR, based at Buenos Aires Ezeiza) (ARG) network changes:
Belo Horizonte Tancredo Neves - Buenos Aires Ezeiza route will be terminated on February 8, 2014.
Buenos Aires Ezeiza - Belo Horizonte Tancredo Neves route will be terminated on February 7, 2014 (with stop in Brasilia).
Buenos Aires Ezeiza - Salvador route will be terminated on April 19, 2014.
Buenos Aires Ezeiza - Sydney Kingford Smith route will be terminated on March 31, 2014 (with stop in Ushuaia).
Salvador - Buenos Aires Ezeiza route will be terminated on April 20, 2014.
Sydney Kingford Smith - Buenos Aires Ezeiza route will be terminated on April 1, 2014.
Viedma - Santa Rosa, LP route will be terminated on February 28, 2014.

Aerolineas Argentinas (ARG) currently operates 46 airplanes and serves 15 countries, 60 destinations, 104 routes and 279 daily flights.

(ARG) signed a purchase agreement for 4 A330-200s. (ARG) ordered (GE) Aviation (GEC) (CF6-80E1) engines to power the airplanes. (ARG) will use the A330-200s on medium- and long-haul routes from its Buenos Aires hub to destinations throughout Latin America, Europe and the USA. (ARG) operates 8 A340-300s, 4 A340-200s and 4 A330s as well as a fleet of 26 Boeing 737s.

Last October, the SkyTeam (STM) Alliance carrier signed an agreement to buy 20 Boeing 737-800s.

March 2014: On March 1st, Aerolineas Argentinas (ARG) launched 5 weekly flights on the 1,339 km sector between Buenos Aires Aeroparque (AEP) and Curitiba (CWB), utilizing its 96Y-seat E190s. One day later, on March 2nd, (ARG) inaugurated its 1st service to Mexico, with the addition of weekly flights (Sundays) on the 6,869 km sector from Buenos Aires Ezeiza (EZE) to Cancun (CUN). However, the new link to Mexico will see a frequency increase to 3x-weekly from July 4th. No other airline serves these two airport pairs.

Aerolineas Argentinas, the country’s flag carrier that in the previous week added two international routes, has further expanded its network with the addition of a new domestic service from Buenos Aires Aeroparque (AEP) to Parana (PRA) on March 5th. The 362 km sector will be served daily, utilizing Austral Airlines (ALA)’s 96Y-seat E190s. This airport pair is already served by (SOL) Airlines’ 6 weekly services.

May 2014: Aerolineas Argentinas (ARG) has outlined its plans to withdraw 3 of its 4 remaining A340-200s from revenue service by July of this year. With (O85, LV-ZRA) having been withdrawn from active duty in March, LV-ZPX (80, LV-ZPX) is due to go in May followed by LV-ZPJ (74, LV-ZPJ) in July leaving LV-ZPO (cn 63) as the only remaining airplanes of its type in the Argentine national carrier's fleet.

State-backed (ARG) will continue, however, to operate 6 A340-300s and 4 A330-200s on regional and long-haul routes.

August 2014: Aerolineas Argentinas (ARG) expanded its presence at Rosario (ROS) with the addition of 2 new services to Cordoba (COR) and Iguaza (IGR) on August 3rd. Both domestic routes launched from the largest city in the province of Santa Fe, will be operated twice-weekly (Wednesdays and Sundays), using the SkyTeam (STM) member (ARG)’s 96Y-seat E190s. While there is no competition on the 1,003 km sector to Iguaza, the sector to Cordoba is already flown by (SOL) Airlines’ 6 weekly operations.

737-8HX (39893, LV-FUB), Aviation Capital Group leased.

September 2014: Uruguay is still trying to recover after its national airline, Pluna (PLU)’s demise; Aerolineas Argentinas (ARG) now controls 23% of the seats. Uruguay’s civil aviation activities are also correspondingly less high profile than its South American neighbor (Argentina). According to Innovata schedule data for this September, Uruguay currently has 2 commercial airports providing scheduled airline services, namely Montevideo Airport and Punta del Este Airport, which have decreased their combined annual passengers by -17% since 2 years ago. Montevideo (perhaps better known as Carrasco International Airport), has an impressive modern terminal building (capable of handling 3.5 million annual passengers), opened in December 2009, after being designed by the internationally famous award-winning Uruguayan architect (Rafael Viñoly).

Analysis of data facilitated by the 2 airports reveals that Uruguay’s airports handled around 1.7 million passengers last year, representing a decrease of -14% when compared to 2012 figures. In fact, the collapse of the national flag carrier in 2012 (Pluna (PLU)) left Montevideo in a difficult position. Established in 1936, the wholly government-owned carrier (PLU) accounted for over >55% of all scheduled traffic at the airport and offered flights to 12 destinations across South America, including 7 in Brazil, 3 in Argentina, and 1 each in Chile and Paraguay.

Looking at passenger data between 2003 and 2013, the combined traffic of the 2 Uruguayan airports grew by an average annual growth rate (CAGR) of +5.2%, with Montevideo almost doubling its traffic during this timeframe and peaking in 2011 at 1.9 million passengers. Overall, Uruguay’s traffic has visibly accelerated until Pluna (PLU) suspended operations, achieving a massive increase of around +110% in 2011, when compared to 2003. Also noteworthy is the fact that even in the worst year of the global economic recession, Uruguayan traffic continued to grow, recording in 2009 a yearly increase of +5.5% when compared to the previous year.

However, Aerolineas Argentinas (ARG) is still the #1 airline - - SEE ATTACHED CHART - - "ARG-2014-09 - URUGUAY TOP 11 AIRLINES."

As of September 2014, Uruguay is served by a total of 11 airlines, with Aerolineas Argentinas (ARG) still being the dominant player in this country market, as it commands 23% and 32% of weekly seats and flights, respectively. (ARG) was also the main beneficiary of Pluna (PLU)’s demise, which carried 4 million passengers in 2013, operating a total of 3 airport pairs from Uruguay. Therefore, Buenos Aires Aeroparque is the SkyTeam (STM) member (ARG)’s most served destination with a combined 50 weekly flights from Montevideo and Punta del Este, while (ARG)’s 3rd route is operated daily from Montevideo to Buenos Aires’ primary airport at Ezeiza.

Total weekly seat capacity in Uruguay has gone up +0.5%, with 7 of the top 11 airlines recording growth, when comparing data from this September with the same week last year. AirFrance (AFA) is the fastest growing operator, increasing its weekly seat capacity by +618 seats or +40% over the last 12 months. The French flag carrier (AFA) has added 2 further weekly flights on the 11,303 km sector from Paris (CDG) to Montevideo (operated via Buenos Aires Ezeiza), up to daily. On the other hand, the unofficial flag carrier of Uruguay ( (BQB) Airlines) experienced the greatest capacity decline (-67%), due to dropping a total of seven routes, including 3 from Montevideo, 1 from Punta del Este and 2 from Salto (another Uruguayan airport that offers no commercial operations as of September 2014).

Furthermore, on September 1st, Montevideo has seen the return of Iberia (IBE), with 4 weekly flights from Madrid, and the departure of (SOL) Airlines and TACA Airlines (TAC), with the latter having seen its operations and network being absorbed by Avianca (AVI). Overall, three of the 11 carriers serving this country market, are European airlines (all highlighted in light green), with Air Europa (ARE) being the 3rd operator to connect Europe to Uruguay since June 3rd 2013.

Neighbor, Argentina is Uruguay's top country market - - SEE CHART - - "ARG-2014-09 - TOP 8 URUGUAY MARKETS."

A total of eight countries can be reached non-stop from Uruguay according to Innovata schedule data for this September. At around 8,300 weekly seats and -8.5% fewer than in the corresponding week last year, neighboring Argentina tops the list of country markets served, with a combined total of 78 weekly flights operated by (BQB), Aerolineas Argentinas (ARG) and AirFrance (AFA) from Montevideo and Punta del Este.

Besides Spain, that has seen a net growth of +1,321 weekly seats due to the arrival of Iberia (IBE) and Air Europa (ARE)’s additional weekly departure, Chile, as well as Panama, are the only country markets that have posted capacity growth this month, +14% and +6.5%, respectively. By comparison, operations to Paraguay noted a decline of around -42% in weekly capacity, as a result of (BQB) dropping the 1,073 km sector from Salto to Asuncion.

December 2014: News Item A-1: Etihad Airways (EHD) has signed a code share agreement with Aerolíneas Argentinas (ARG) that will help fill out (EHD)’s network in one of the few areas of the world where it is still poorly represented.

The agreement will become effective February 1, 2015 and will offer (EHD) passengers greater access to South America via Aerolíneas Argentinas (ARG)’s Buenos Aires hub.

(EHD) will place its EY code on (ARG) flights across the Argentinian airline’s extensive domestic network, as well as to destinations in South America including Uruguay, Chile and Paraguay. Some 20 South American destinations are covered.

“Code shares are a fundamental pillar of (EHD)’s strategy and our new commercial partnership with (ARG) is a significant development for both airlines,” (EHD) President & (CEO), James Hogan said. “We are now able to enhance our business and leisure travel offering between the (UAE), Argentina and onwards to the strategically important South American market.”

News Item A-2: Argentine President Cristina Fernandez chose an unexpected theme for her year-end message to the country: a change in policy at Aerolineas Argentinas (ARG), the state-run airline to allow passengers to carry their already notoriously-pampered lapdogs with them on flights.

Punctuated by photographs on her Facebook page of the two-term leader sitting on presidential plane Tango 01 with her Toy Poodle Lolita, Fernandez said the perk will be shared by travelers on (ARG), the country's main carrier, starting in mid January.

"Careful! I said only small pets," the post says. "Don't try to board with a 50 kilo mastiff. Lolita only weighs 2 kilos."

Hand-held pooches ranging from Shih Tzu's to Pugs are a common sight at outdoor cafes and on the wide avenues of Buenos Aires, which is known as the Paris of South America for its European layout and architecture. Lapdogs are a status symbol in Argentina, dressed sometimes in fitted sweaters emblazoned with colors of their owners' favorite soccer club. Fernandez's dog post got more than >36,000 'likes.'

What Argentines are less keen on, and what got no mention in Fernandez's message, was the country's double-digit inflation and contracting gross domestic product. Her successor will inherit a pet-friendly airline policy but an economy left in deep trouble by repeated sovereign debt defaults and heavy-handed trade and currency controls.

As an afterthought, Fernandez said central bank cash reserves rose +2.7% in 2014, which could keep her from being forced into an unpalatable deal with hedge funds suing over defaulted bonds. "Oh yes, I almost forgot, we've come to US$31.4 billion in central bank reserves," the post says.

The next President will be elected in October, so Lolita better make the most of the time she has left to enjoy the spacious Tango 01. Fernandez is constitutionally barred from seeking a 3rd consecutive term.

January 2015: Swiss-(AS) Maintenance Repair & Overhaul (MRO) software (AMOS) was adopted by 11 new customers in 2014, including Philippine Airlines (PAL), El Al Israel Airlines (ELA), and Aerolíneas Argentinas (ARG). Swiss-(AS) expanded +20% to more than >140 employees in 2014, and revenue grew +22%. It is developing a touch-optimized mobile package, (AMOS)mobile, which will launch modules for line maintenance in 2015.

March 2015: News Item A-1: Aerolineas Argentinas (ARG) expanded its presence at El Calafate (FTE) with the addition of a new route from Rosario (ROS) on March 2nd. The 2,140 km sector to the city located in Patagonia will be served 6x-weekly, utilizing the SkyTeam (STM) Alliance member’s 142-seat 737-700s. No other airline serves this airport pair, but (ARG) already flies to El Calafate from Buenos Aires Aeroparque (27x-weekly), Manaus (10x-weekly) and Bueno Aires Ezeiza (8x-weekly).

(ARG) continued to expand its domestic network on March 3rd with the addition of its 2nd route to Tucuman (TUC), this time from Cordoba (COR). The 505 km sector is not served by any other airline, while (ARG) will fly 3x-weekly, using a mixed fleet of its 142-seat 737-700s and 97Y-seat E190s. ARG) is already flying to Tucuman with 38 weekly departures from Buenos Aires Aeroparque.

News Item A-2: Aerolineas Argentinas (ARG) has taken delivery of their 1st new, directly purchased Airbus A330-200 airplane as a part of (ARG)’s fleet renewal strategy. The A330-200, equipped with (GE) engines, joins (AAR)’s existing fleet of 11 Airbus wide body airplanes, comprising 4 A330-200s and 7 A340s.

“The addition of this new A330-200 to our wide body family will enable Aerolineas Argentinas (ARG) to redefine its long-haul network and enhance its international service offering,” said Dr Mariano Recalde, President of (ARG). “This new A330 not only shares commonality with our existing A330 and A340 airliners, it also offers exceptional operational flexibility with the right range and lowest costs. It will play a key role in our fleet renewal strategy, ensuring that we continue to offer our passengers the best in world class comfort and service levels.”

(ARG) will deploy its new A330 on starting on long haul routes from their Buenos Aires hub to Miami and New York City, and then Madrid in July 2015.

Aerolíneas Argentinas (ARG) has been an Airbus operator since 1994 when (ARG) began flying the A310-300. In February 2013, Argentina’s national airline announced its order for 4 Airbus A330-200s to renew and consolidate its wide body fleet.

The A330 Family includes Freighter, VIP, and Military Transport/Tanker variants, has now attracted >1,400 orders. Over >1,100 A330 Family airplanes are flying with >100 operators worldwide.

With >850 airplanes sold and a backlog of nearly 400, >550 Airbus airplanes are in operation throughout Latin America and the Caribbean. In the last 10 years, Airbus (EDS) has tripled its in-service fleet, while delivering >60% of all airplanes operating in the region.

Airbus (EDS) is a leading airplane manufacturer with the most modern and comprehensive family of airliners on the market, ranging in capacity from 100 to >500 seats.

June 2015: Aerolineas Argentinas (ARG) will begin direct service from Miami to Cordobas in July 2015: The 2x-weekly service will use an A340-300.

July 2015: Aerolineas Argentinas (ARG) launched 3 new routes on the dates between the July 1 and 5, starting with services from Rio Gallegos (RGL) to Comodoro Rivadavia (CRD). Flights will operate daily on the 660 km sector using (ARG)’s 737-800s. On July 4, (ARG) introduced its 2nd service from Miami (MIA), this time to Cordoba (COR), Argentina’s 2nd city. The 6,569 km city pair will be flown 2x-weekly (Saturdays and Sundays) using a mixture of (ARG)’s A330-200s and A340-300s. (ARG) also has services from (MIA) to Buenos Aires Ezeiza Airport. Finally on July 5, the 3rd route of (ARG)’s hat-trick was from Bariloche (BRC) to Sao Paulo Guarulhos (GRU). The 3,024 km airport pair will be served weekly (Sundays) using (ARG)’s 737-800s. None of the 3 routes launched, face direct competition

August 2015: 737-8LP (41711, LV-FWS), ex-(N471AG), Aviation Capital Group (CGP) leased.

March 2016: Aerolineas Argentinas (ARG) has used the last 7 days at the beginning of March to launch 3 routes from its Buenos Aires Aeroparque (AEP) and Ezeiza (EZE) hubs.

From the former of the 2 airports, (ARG) commenced 5 5x-weekly, 737-700-operated services to Belo Horizonte (CNF) in Brazil on March 2. This 2,182 km city pair will face no direct competition.

From the latter of the 2 Argentinian capital city airports, (ARG), the SkyTeam (STM) Alliance carrier began daily, 737-800 flights to Guayaquil (GYE) in Ecuador on March 1, with a stop-over in the capital city Quito (UIO) en-route. While Ecuadorian national carrier, tame (TAM) will provide the competition on the Quito sector with its daily flights, (LAN) Airlines is the incumbent between Ezeiza and Guayaquil with a 2x-weekly operation.

August 2016: A330-202 (1737, LV-GHQ), ex-(F-WWCQ) delivery. A340-312 (094, LV-CEK), to Goodyear for storage (AWW) leased.

September 2016: A330-203 (587, LV-GKO). ex-(N587CC), AirCastle (CSL) leased.

October 2016: News Item A-1: Avolon Leasing (AZV) delivered 1 Boeing 737-800 to Aerolíneas Argentinas (ARG), the Irish lessor’s 1st to Argentina’s flag carrier.

December 2016: Avolon Leasing (AZV) delivered 1 737-800 to Aerolíneas Argentinas (ARG). This is the 3rd (AZV) airplane on lease to (ARG).

February 2017: 737-7Q8 (30630, LV-CSC) returned to AerCap (DEA) after lease. A330-203 (634, LV-GKP), ex-(N753AC) AirCastle leased. A340-211 (85, LV-ZRA) withdrawn from use with many parts missing.

May 2017: News Item A-1: Italy’s national carrier Alitalia (ALI) and Argentina’s flag carrier Aerolíneas Argentinas (ARG) are expanding their existing commercial agreement with a code share arrangement.

Effective immediately, the new cooperation will see (ALI) placing its AZ code on (ARG)’s daily Rome - Buenos Aires service and on to >40 destinations in South America that (ARG) serves.

In return, (ARG) will put its AR code on Alitalia (ALI)’s 7x-weekly frequencies between the 2 nations’ capitals. This will allow (ARG) passengers to transfer on to >30 destinations in Europe and the Middle East on the Alitalia (ALI) route map.

From September, (ALI) will be operating its new flagship Boeing 777-300ER on 3 of the weekly services.

Buenos Aires has strong connections to Italy, with a substantial proportion of its inhabitants having Italian ancestry.

The code share is the latest in a series of moves by (ALI), the Italian flag carrier to expand its penetration of the South American market. In 2016, it added new flights to Santiago, Mexico City and Havana.

August 2017: Etihad Airways (EHD) and Aerolíneas Argentinas (ARG) have started implementing their code share agreement, which was originally signed in 2014.

(EHD)’s code will be placed on (ARG) flights from Rome and Madrid to Buenos Aires, and from Buenos Aires to 9 destinations in Argentina: Córdoba, Mendoza, Rosario, Iguazú, Salta, Mar del Plata, Bariloche, Trelew, and Ushuaia.

(ARG)’s code will be placed on Etihad (EHD) flights from Rome and Madrid to Abu Dhabi, enabling (ARG) passengers to gain “access to (EHD)’s network of >100 destinations from its Abu Dhabi hub via the Italian and Spanish capitals.”

(EHD) Executive VP Commercial Mohammad Al Bulooki said the code share agreement “demonstrates the importance of Argentina as a vital travel market for (EHD) in Latin America.”

(ARG) (CCO) Diego Garcia added the code share deal “allows us to improve our load factors, optimize the use of the fleet and strengthen the image of Aerolíneas Argentinas (ARG) in the Asian market.”

Members of both airlines’ loyalty programs “will soon be able to earn and redeem miles on the code share flights,” according to (EHD).

Fleet:
(definitions)

Click below for photos:
ARG-737-200
ARG-737-200 CONFIG
ARG-737-3S3F-CARGO
ARG-737-500
ARG-737-500 CONFIG
ARG-737-528
ARG-737-700 - 2011-09
ARG-737-700 - 2012-09
ARG-737-700 - SKYTEAM ALLIANCE - 2012-08
ARG-737-800 - 2016-12.jpg
ARG-737-85F - 2013-10
ARG-747-200
ARG-747-200 CONFIG
ARG-747-287B-P
ARG-747-400
ARG-747-475
ARG-747-475 CONFIG
ARG-A310
ARG-A310
ARG-A310 CONFIG
ARG-A310-300
ARG-A310-324 55 YRS
ARG-A330-200 - 2015-02.jpg
ARG-A330-200 - 2015-03.jpg
ARG-A330-200-2014-02
ARG-A330-223-2014-02
ARG-A340-200
ARG-A340-200 CONFIG
ARG-A340-211
ARG-A340-300 - 2014-02
ARG-COMET
ARG-MD-83
ARG-MD-83 CONFIG
ARG-MD-88
ARG-MD-88 CONFIG

September 2017:

0 727-59 (JT8D) (357-19303, /67 FAC-1145), EX-(AVI), WET-LST (STN).

0 727-2M7 (JT8D-17R) (21823), RTND (PSS), LST (LAB).

0 727-223 (JT8D-9A) (1185-20991, /76 N850AA), EX-(AAL) 2000-08.

0 727-287 (JT8D), RTND (PSS) (20966 PARTED 2001-04).

0 737-2A8 (JT8D) (503-21496, /77 LV-WSU; 505-21498, /77 LV-WSG), (PSS) LSD, 2 WET-LST (ALA) 2000-02.

0 737-2P6 (JT8D) (496-21356, /77 EI-CKL; 564-21733, /79 EI-CLK), EX-(SOT), (GEF) LSD, LST (ALA) 2000-02. 21358 RTND 2000-10. 21356; 21733; RTND 2001-07.

0 737-212 (JT8D) (288-20521, /71 LV-WRO), EX-(SIA), (PSS) LSD 1996-11. RTND.

0 737-228 (JT8D-15A) (971-23011, /83 LV-ZZD), (TIA) LSD 2003-04. RTND. 8C, 99Y.

0 737-228 (JT8D-15A) (939-23003, LV0ZXP), XFRD FROM (ALA) 2007-08. RTRD. 8C, 99Y.

0 737-228 (JT8D-15A (958-23009, LV-ZXB; 1426-23793, LV-ZXV), (ALA) LSD 2005-10). RTRD. 8C, 99Y.

0 737-228 (JT8D-15A) (23349), (ALA) LSD 2005-01. RTRD. 8C, 99Y.

00 737-236 (JT8D-15A) (648-21796, /80 LV-ZEC; 21798; 21799; 21806; 23159; 23160; 23166; 23168; 23169; 23170; 23171; 23172; 23225; 1105-23226, /85 LV-ZXU; 23794; 23796; 23799; 23806), EX-(BAB), (PSS) LSD. 1067-23166, LV-ZZI; 2003-07. 23168; 23169; 23171; 23172; 23225; WFU, RTND (GRB) 2005-10. ALL RTRD. 8C, 99Y.

0 737-266 (JT8D) (451-21192, /76 LV-WSZ), EX-(EGP), RTND (GUI) 2001-04.

0 737-281 (JT8D-9A) (292-20561, /72 LV-WTX; 293-20562, /72 LV-WSY), EX-(ANA)/(PLM). 20562 LST (AES) 2005-06. 20562 LST AEROLINEAS AUSTRAL CHILE 2006-02 AS (CC-CSK). RTRD. 8C, 99Y.

0 737-287 (JT8D-9A) (236-20403, /70 LV-JMW "CIUDAD DE MAR DEL PLATA;" 243-20404, /70 LV-JMX "CIUDAD DE BARILOCHE;" 248-20405, /70 LV-JMY "CIUDAD DE POSADAS;" 261-20406, /70 LV-JMZ; 291-20527, /71 LV-JTO "CIUDAD DE JUJUY;" 331-20768, /73 LV-LEB "CIUDAD DE ESQUEL;" 381-20965, /74 LV-LIV; 387-20966, /74 LV-LIW). 20966 PARTED OUT 2001-05. 20768 SCRAPPED 2004-09. 20404; 20405; 20965; PARTED OUT 2005-01. ALL RTRD. 8C, 99Y.

1 737-287 (JT8D-9A) (285-20523, /71 LV-JTD "CIUDAD DE TUCUMAN"), GOVT OPS. 29F, VIP.

0 737-287C (JT8D-9A) (263-20407, /70 LV-YPC "CIUDAD DE COMODORO RIVADAVIA"). RETIRED 2004-12. 8C, 103Y.

0 ORDERS 737-300 (CFM56-3), 6 CANCELED.

01 737-3S3F (CFM56-3B2) (1445-23811, /87 LV-BBZ), EX-(SHA), (AWW) LSD 2005-09. RTND. FREIGHTER.

0 737-5H4 (CFM56-3) (2503-26450, /93 LV-BAR), (GEF) LSD 2005-05, RTND. 8C, 100Y.

0 737-5H6 (CFM56-3) (2484-26448, /93 LV-BAX; 2511-26454, /93 LV-BBN), (GEF) LSD 2005-05. 26448; 26454; RTND. 8C, 100Y.

0 737-5H6 (CFM56-3C1) (2527-26456, /93 LV-AYE), (GEF) LSD 2004-10. XFRD TO (ALA). 12CY, 100Y.

2 737-5K5 (CFM56-3C1) (1848-24776, /90 LV-BNS; 1966-24926, /90 LV-BNM), 8C, 101Y.

0 737-5YO (CFM56-3) (2003-24897, LV-BBW, 2005-07; 2093-24899, LV-BDD, 2005-09; 2095-24900, LV-BDV, 2006-03), (GEF) LSD. RTND. 8C, 100Y.

0 737-505 (CFM56-3) (1917-24652), EX-(RAM), (TCI) LSD 2007-08. RTND. 8C, 100Y.

0 737-522 (CFM56-3) (2404-26688; 2490-26700), EX-(UAL). RTRD.

0 737-528 (CFM56-3) (2170-25228; 2180-25229), BCI AIRCRAFT LSD LSD 2007-10. NTU.

0 737-528 (CFM56-3C1) (2411-25234, /92 LV-AYI, 2004-12; 2428-25235, /93 2005-01), (GEF) LSD, LST (ALA). RTND.

0 737-53A (CFM56-3) (1921-24788, /91 LV-BIX, 2007-08; 2177-25425, LV-BIM, 2007-08), (AWW) LSD. RTND. 8C, 100Y.

2 737-7BD (CFM56-7B22) (2863-33938, /09 LV-BYY; 2932-35962, /09 LV-GOO). 8C, 120Y.

6 737-7Q8 (CFM56-7B20) (1032-30630, /01 LV-CSC; 858-30638, /01 LV-CXN; 1159-30647, /02 LV-CYJ, 2012-07), EX-(N225LF & N272LF), (ILF) LSD. 30630; RETURNED TO AERCAP (DEA) 2017-02. WITH WINGLETS. 8C, 120Y.

4 737-73V (CFM56-7B) (672-30235, G-EZJA, 2009-09; 30236, LV-CBS, 2010-02; 30237, LV-CCR, 2010-02; 919-30243, N243CL, 2009-09). WITH WINGLETS. 8C, 120Y.

12 737-76N (CFM56-7B22) (1952-32674, /06 LZ-BCA; 1974-32676, /06 LZ-BZO; 32680, LV-CAD; 1889-32684, /06 OM-NGA; 1919-32695, LV-CAP, 2009-09; 1922-32695; /06 OM-NGC; 2208-34756, /07 OM-NGK; 2241-34757, /07 OM-NGL; 2266-34758, /07 OM-NGM), EX-(SKP), (GEF) LSD. WITH WINGLETS. 8C, 120Y.

1 737-8HX (CFM56-7B) (39893, LV-FUB), AVIATION CAPITAL GROUP (CGP) LSD 2014-08. 8C, 120Y.

1 737-8LP (CFM56-7B) (41711, LV-FWS), EX-(471AG), (CGP) LSD 2015-08.
8C, 120Y.

1 737-8SH (CFM56-7B) (36365, LV-GUB), AIR LEASE CORPORATION (ALE) LEASED 2017-02. 8C, 120Y.

20 ORDERS 737-800 (CFM56-7B), WITH WINGLETS:

2 737-800 (CFM56-7B26) (39425, LV-CXS; 39426, LV-CXT), (AWW) LSD.

4 ORDERS (2014-01) 737-800 (CFM56-7B26), (TCI) LSD:

3 737-800 (CFM56-7B) 737-800 (CFM56-7B), AVOLON (AZV) LSD 2016-10 & -12.

3 737-81D (CFM56-7B26) (4167-39425, /12 LV-CXS; 4186-39426, /12 LV-CXT), WITH WINGLETS. 8C, 162Y.

1 737-85F (CFM56-7B26) (997-30478, /01 LV-CTB - - SEE PHOTO - - "ARG-737-85F - 2013-10"), WITH WINGLETS. 8C, 162Y.

1 737-86J (CFM56-7B) (879-30570, /01 LV-CTC), MACQUARIE LSD 2012-01, EX-(BER), EX-(D-ABBZ). WITH WINGLETS. 8C, 162Y.

0 747-212B (436-21938, /80 LV-JND), EX-(KAL), (PSS) 3 YR LSD, (AFA) MAINT. RTND.

0 747-238B (JT9D-7AH) (147-20009, /71 LV-WYT), EX-(TWA), (AFA) MAINT, RTND (PSS).

0 747-257 (112-20116, /70 LV-YSB), RTND (PSS).

0 747-287B (JT9D-7Q) (349-21725, /78 LV-MLO; 403-21726, /79 LV-MLP; 404-21727, /79 LV-MLR; 487-22297, /80 LV-OEP; 532-22592, /81 LV-OOZ; 552-22593, /81 LV-OPA). 22592 XFRD (APZ) 2004-06. 21726 XFRD (APZ) 2004-11. 22593 XFRD (APZ) 2005-06. RTND. 46C, 346Y.

0 747-475 (CF6-80C2B1F) (823-24883, /90 LV-BBU), EX-(ACN), (PSS) LSD 2005-05. 42C, 379Y.

0 747-475 (CF6-80C2B1F) (837-24895, /04 LV-AXF), (AWW) LSD 2004-08. STORED. 42C, 379Y.

0 747-475 (CF6-80C2B1F) (912-25422, LV-ALJ), EX-(ACN), (PSS) LSD 2004-02. 42C, 379Y.

0 MD-83 (JT8D-219) (1169-49252, LV-ARF), LSD 2004-06. RTND. 8C, 140Y.

0 MD-83 (JT8D-219) (1209-49284, /85 OH-LMR; 2169-49252, /85 OH-LMS), RTND. 8C, 140Y.

0 MD-83 (JT8D-219) (1951-53117, /92 LV-VAG "CRUZ DEL SUR"), EX-(AUX). RTRD. 8C, 140Y.

0 MD-88 (JT8D-219) (2016-53047, /92 LV-VBX "PARQUE NATIONAL LANIN; 2031-53049, /92 LV-VBZ "PARQUE BARITU;" 2043-53351, /93 LV-VCB "PARQUE IGUAZU;" 2046-53446, /93 LV-VGB "PARQUE NAHUEL HUAPI" BASED IN MADRID 2002-06; 2064-53447, /93 LV-VGC "PARQUE CALILEGUA"), 53048 PARTED OUT 1999-08. 53351 TO (APZ) 2005-06. 53047; 53049; 53447; XFRD (ALA) 2005-09. 53446 TO (APZ) 2005-11. RTRD. 8C, 140Y.

0 A310-324 (PW4152) (451, /88 EC-GMU), (APZ) WET-LST 2005-12. RTND. 12F, 242Y.

0 A310-324 (PW4152) (453 RTND AIRBUS, LST (ARO) 1999-08, 456, F-OGYR, RTND 2000-05), EX-(DAL), 6 YR LSD. 188 PAX.

0 A310-324 (PW4152) (489), (ILF) LSD. RTND.

0 A310-324 (PW4152) (686), EX-(APZ), (AFIS) LSD 2004-11. RTND.

0 A310-325 (PW4156A) (640, /92 LV-AIV), (ILF) LSD 2004-01. RTND. 34C, 171Y.

5 + 1 ORDER A320-200, 164Y.

1 +3 ORDERS A330-202 (CF6-80E1) (1737, LV-GHQ), 2016-08.

1 A330-203 (634, LV-GKP), EX-(N753AC) AIRCASTLE (CSL) LSD 2017-02.

5 +7/10 ORDERS A330-223 (PW4000-100) (290, /13 LV-FNI 2013-12 - - SEE PHOTO - - "ARG-A330-223"), 2 EX-(ABE), 2 EX-(MAS). (ILF) LSD. 24C, 248Y.

0 A340-211 (CFM56-5C2) (050; 063, /94 LV-ZPO; 074, /94 LV-ZPJ; 080, /94 LV-ZPX), 050; RTND. EX-(PAL). 074; & 080; TO BE WITHDRAWN FROM SERVICE 2014-05 & 2014-07. 32C, 217Y.

0 A340-211 (CFM56-5C2) (085, /95 LV-ZRA), EX-(PAL). WITHDRAWN FROM SERVICE 2014-3. WITHDRAWN FROM USE 2017-01. 32C, 217Y.

1 A340-300, (AWW) LSD 2010-05.

1 A340-312 (CFM56-5C3) (048, /94 LV-BMT "SPIRIT OF NEW YORK;" 094, /95 LV-CEK), EX-(ACN)/(JAM)/(MAU), (ILF) 6 YR LSD. 094; TO GOODYEAR FOR STORAGE 2016-09. 32C, 248Y.

1 A340-313 (CFM56-5C4) (093, /95 9Y-TJN), EX-(ACN)/(TTA), (ILF) 5 YR LSD. 32C, 248Y.

1 A340-313X (CFM56-5C4) (128, /96 LV-CSF), EX-(B-HXO) 2012-02. 30C, 255Y.;

2 A340-313 (CFM56-5C4) (187; 196), EX-(PAL). 12F, 32C, 220Y.

1 A340-500 (492, 9V-SGA), EX-(SIA) 2013-10.

1 +5 ORDERS A340-642 (TRENT 556):

4 ORDERS A380:

3 F 28-1000 (RR SPEY MK 555-15), 1 (FAK) WET-LSD 2004-08.

1 F 28-4000.

10 ORDERS F 100.

20 EMBRAER E190, AUSTRAL AIRLINES (ALA) OPS. 97Y.

Management:
(definitions)

Click below for photos:
ARG-CCO-NOV09

HORACIO FARGOSI, CHAIRMAN.

DR MARIANO RECALDE GALLARD, CHIEF EXECUTIVE OFFICER (CEO) & PRESIDENT (2009-07).

ESTEBAN MACCARA, GROUP GENERAL MANAGER (2006-05).

DR MARIO SUBER, GENERAL MANAGER, EX-(ALA) (2000-02).

AXEL KICILOFF, CHIEF FINANCIAL OFFICER (CFO).

DIEGO GARCIA, CHIEF COMMERCIAL OFFICER (CCO).

MARCELLO ESTELLA, VP MAINTENANCE & ENGINEERING (EZEMZAR)
(mestella@aerolineas.com.ar) (rbonsang@aerolineas.com.ar)
(awaldisp@aerolineas.com.ar) (2001-11).

RODOLFO RIVA, VP OPERATIONS.

JOSE MARIA LLODRA, VP PRODUCTION (2003-03).

JORGE MOLINA, DIRECTOR CORPORATE AFFAIRS.

CARLOS MATEU, COMMERCIAL DIRECTOR, SALES & MARKETING.

GABRIEL JUNQUEIRA, GENERAL SECRETARY.

CAPTAIN DANIEL BURLAS, FLIGHT OPERATIONS MANAGER (AEPOZAR) (AEPOOAR) (dburlas@aerolineas.com.ar) (2001-12).

PABLO CHINI, DIRECTOR MAINTENANCE & ENGINEERING.

J CUBERO, DIRECTOR PERSONNEL.

EDUARDO LOPEZ, MANAGER QUALITY CONTROL (QC) (2003-03).

JAVIER FERRARI, MANAGER MAINTENANCE (2003-03).

JORGE ZALBE, AEROPARQUE UNIT CHIEF (1997-04).

JAVIER FERRARI, QUALITY CONTROL (QC) MANAGER (1999-04).

MIGUEL SALVIOLI, ENGINEERING MANAGER (EZEEEAR) (msalvioli@aerolineas.com.ar).

 
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