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Aviation

Bouncing Back: Aerolineas Argentinas To Close The Year With A $32 Million Profit

Bouncing Back: Aerolineas Argentinas To Close The Year With A $32 Million Profit

The company expects $2.12 billion in sales revenues this year.

Aerolíneas Argentinas is set to close in 2023 with an unforeseen $32 million net profit. If achieved, this would be the first time the state carrier has recorded earnings since it was acquired by the Argentinian government in 2008. Additionally, the news comes at a time when the airline's future and its links to the government are up in the air, as Javier Milei, the new president of the South American country, cuts down on heavy spending across the economy.

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