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Founded | 14 May 1949 | ||||||
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Commenced operations | 7 December 1950 | ||||||
Hubs | Aeroparque Jorge Newbery | ||||||
Secondary hubs | Ministro Pistarini International Airport | ||||||
Focus cities | |||||||
Frequent-flyer program | Aerolíneas Plus | ||||||
Alliance | SkyTeam | ||||||
Subsidiaries |
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Fleet size | 55 | ||||||
Destinations | 58 | ||||||
Company slogan | Alta en el cielo (English: Up high in the sky) |
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Parent company | Argentine Government (100%) | ||||||
Headquarters | Aeroparque Jorge Newbery, Buenos Aires, Argentina | ||||||
Key people | Isela Costantini (CEO) | ||||||
Revenue | US$2.037 billion (FY 2013) (incl. all subsidiaries) | ||||||
Net income | –US$251 million (FY 2013) (incl. all subsidiaries) | ||||||
Total assets | US$1.627 billion (FY 2012) (incl. all subsidiaries) | ||||||
Employees | 11,515 | ||||||
Website | www |
Aerolíneas Argentinas (English: Argentine Airlines), formally Aerolíneas Argentinas S.A., is Argentina's largest airline and the country's flag carrier. The airline was created in 1949 from the merger of four companies, and started operations in December 1950 . A consortium led by Iberia took control of the airline in 1990, and Grupo Marsans acquired the company and its subsidiaries in 2001, following a period of severe financial difficulties that put the airline on the brink of closure. The company has been run by the Argentine government since late 2008, when the country regained control of the airline after it was taken over from the Spanish owners. As of December 2014[update], Aerolíneas Argentinas was state-owned. It has its headquarters in Buenos Aires.
Aerolíneas Argentinas and its sister company Austral Líneas Aéreas operates from two hubs, both located in Buenos Aires: Aeroparque Jorge Newbery and Ministro Pistarini International Airport. Aerolíneas has a fleet of Boeing 737-700s and -800s for serving domestic and regional routes, whereas intercontinental services are flown with Airbus A330s and -340s. SkyTeam membership was achieved in late August 2012 ; the airline's cargo division became a member of SkyTeam Cargo in November 2013 .