Thanks to the reforms carried out by the Government of Javier Milei, Aerolíneas Argentinas reported that it will not require funds from the National Treasury to operate during 2025, which would mark the first time this has happened since its re-nationalization in 2008. The official notification was sent to the Ministry of Economy by the flag carrier airline.
In 2024, the company had requested around 60 million dollars to finance two voluntary retirement programs, implemented with the aim of reducing its workforce as part of a adjustment plan that would pave the way for a future privatization. The balance sheet also included another 40 million dollars transferred, although the company clarifies that this amount was managed in 2023, under the previous administration.
Since its nationalization until 2023, the national government transferred approximately 8 billion dollars to Aerolíneas, mostly aimed at covering the operating deficit measured in terms of EBIT (earnings before interest and taxes), the central parameter used by the aviation sector to measure an airline's economic performance.
Over the last 16 years, Aerolíneas Argentinas accumulated an average annual deficit of 400 million dollars, which had to be covered by transfers from the National Treasury.
