Aerolineas Argentinas cuts staff, routes, passenger perks ahead of possible sale

[Uncle Wong]

Saw this online. It will be interesting if anyone wants to buy this airline. Seems like a money losing operation.

https://www.reuters.com/business/aerospace-defense/argentinas-state-airline-cuts-staff-routes-passenger-perks-ahead-possible-sale-2025-01-03/

 

[Wally]

Saw this online. It will be interesting if anyone wants to buy this airline. Seems like a money losing operation.

https://www.reuters.com/business/aerospace-defense/argentinas-state-airline-cuts-staff-routes-passenger-perks-ahead-possible-sale-2025-01-03/

Actually they could probably be very profitable if they get rid of dead weight. In July it was profitable. Hard to believe they have blown $8 Billion since 2008.

 

[Betsy Ross]

As if AA couldn't get worse! No snacks. 🤣🤣

 

[daveholman]

When I read AA, I thought of American Airlines - which also "couldn't get worse".

 

[daveholman]

Saw this online. It will be interesting if anyone wants to buy this airline. Seems like a money losing operation.

https://www.reuters.com/business/aerospace-defense/argentinas-state-airline-cuts-staff-routes-passenger-perks-ahead-possible-sale-2025-01-03/

I have no doubt they can be returned to profitability if owned and managed privately. Cutting routes is counter productive, but cutting staff? No brainer. Most govt run airlines are way too top heavy employment wise. Tons of dead weight at HQ, and they always want to cut front line employees instead of themselves.

 

[Avocado]

I have no doubt they can be returned to profitability if owned and managed privately. Cutting routes is counter productive, but cutting staff? No brainer. Most govt run airlines are way too top heavy employment wise. Tons of dead weight at HQ, and they always want to cut front line employees instead of themselves.

But I believe that you can't just look at profit and loss. Argentina is a vast country and people need to get around. You will have some unprofitable routes but does not mean it is good to cut all routes. I think it bad idea to get rid of so many flights. I agree Aerolineas does very bad job but they are essential for Argentina.

I do not believe you can just look at profit and loss for transportation. Same for subway and bus. If people can not get to work there is chaos. There must be some value on public service of getting people around.

 

[Pink Panther]

Saw this online. It will be interesting if anyone wants to buy this airline. Seems like a money losing operation.

https://www.reuters.com/business/aerospace-defense/argentinas-state-airline-cuts-staff-routes-passenger-perks-ahead-possible-sale-2025-01-03/

I am not sure how good of an idea it is cutting out snacks. They just are like a discount airline now. I don't think it would cost too much to offer that and probably will lose customers. Doesn't seem smart to me.

 

[Cosme]

When I read AA, I thought of American Airlines - which also "couldn't get worse".

American Airlines has really gone downhill! It used to be good but the past few times it was horrible. All the flight attendants are all angry old women now coming to EZE.