Aerolíneas Argentinas: Superávit Histórico y Futuro Incierto

HighlightNow

Aerolíneas Argentinas ha logrado un superávit de 20,2 millones de dólares en 2024, el primero desde su estatización en 2008. Este logro se da en medio de un debate sobre su posible privatización, con proyectos en el Congreso que buscan definir su futuro. A pesar de las pérdidas nominales reportadas en 2023, la aerolínea ha mejorado significativamente sus cifras operativas, generando expectativas positivas sobre su viabilidad y eficiencia.

Transcript

00:00Argentina was always a discussion, especially in the previous administration.

00:03Some described it directly as an aerocampora, because it had been taken over by the political group.

00:09A surprise, what was known.

00:11A surprise, what was known.

00:12From my point of view, absolutely subjective, a joy,

00:17because it is talking about the company having possibilities,

00:20either to follow the path that the government had announced, that we will see how, of privatization,

00:25or not to be privatized.

00:26In a country like Argentina, the discussion is also whether or not we need a flag line that serves the whole country.

00:34I think so.

00:35Yes, without a doubt, with the extension that Argentina has, without a doubt.

00:38And an airline that is, I think, in case it is necessary to remember,

00:42of prestige, that has a level and a security ranking in the world, very high, where we are all very comfortable.

00:47The staff is trained, the on-board staff, I say pilots, air traffic controllers,

00:52very, very trained staff.

00:56I interviewed Enrique Piñeyro last year, the man who knows a lot, in fact he is a pilot,

01:02and he told me, airlines are needed first, let's face it, no, the Argentine geography is needed.

01:07And he said, traditionally it had a balance, or a superavit of 8 million dollars, or a deficit of 8 million.

01:14It oscillated in that.

01:16After we went to hell.

01:17Until we went to hell.

01:19Until we went to hell.

01:20And look at this number.

01:23It gave superavit for the first time since 2008.

01:252008, why?

01:26Because it was, we are talking about the statistics, it is the number we have at that time.

01:3020.2 million dollars, here you have it, is the superavit that is giving, that is closing in 2024.

01:38Even the numbers are improving in the months that followed.

01:43Is it clear something that must be taken into account?

01:46It was done a lot in a year.

01:49But of course it is.

01:49And in fact, many of the executives who are working at Aeroline are the same as they were before.

01:55Because the company continued to maintain part of the executives and those who are working in the field tasks.

02:00What was done is a lot of cutting.

02:02Let's see, I say it clearly, what you just said.

02:04One thing is to have an airline that has an operating cost, and another thing is to have a political hold, which is what Aeroline had become.

02:11I don't remember, the withdrawal, I don't want to get my foot in, I would have to look at the reports.

02:16Or three voluntary withdrawals.

02:18I don't want to get my foot in with the number.

02:20But it was shown that with such a large number of withdrawals, Aeroline continued to function efficiently.

02:25Yes, in one of them, in total, if I'm not mistaken, I think 2,000 people joined.

02:30I think the total is 8,500, but I don't want to get my foot in.

02:33Well, that's why, it was more than two.

02:34Now, it is clear that it went down a lot.

02:38And look at the number in comparison.

02:39In 2023, there were nominally losses of 220 million dollars.

02:44Why do I say nominally?

02:45Because that was not the real red.

02:47Because to reach that number, exchange rates had been taken.

02:50It is a company that obviously operates in dollars from two points of view.

02:53Of the revenues it receives, of the leasing it pays abroad.

02:57Because most of the airplanes of the Argentine Airlines are rented, so you have to pay the leasers and they pay you in dollars.

03:03And also because it has income in dollars from the tickets it sells abroad.

03:07Taking into account an exchange rate of 500 million dollars, they reached that number of 220 million.

03:15The reality is that it lost 400 million dollars in 2023.

03:19That's the number.

03:20Now, with the update, look at where we left off and where we are now.

03:24Take this figure, if you want to take this one.

03:26Ok, from 220 down to 20 up.

03:3210, 12 times the difference, from one end to the other.

03:37Totally.

03:38Well, now what remains is to see what the government wants to do.

03:42The government does not formally announce that it is going back with the privatization process.

03:47There are two projects still going around in Congress, one of the PRO and Radicalismo.

03:52It also has a project on the privatization of airlines.

03:54We'll see what happens.

03:55But this airline, with these numbers, gives much more tranquility than the one it had before in terms of its future.

Category

Transcript

Be the first to comment

Recommended