LatinPlane
Posts: 2471
Joined: Mon Dec 27, 1999 11:05 am

Aerolineas Argentinas Board Meeting

Sat Sep 16, 2000 1:03 am


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Photo © Simon Haddrill



Today, Sept 15, is the day that Aerolineas Argentinas has their board meeting after their last injection of 206 million dollars by the spanish goverment.

With the recent route expansion and the re-opening of many routes, it would appear that Aerolineas Argentinas is financially secure and stable. However, still loosing 20 million a month with no end in sight, what steps are being taken to keep it alive?

Several months ago, the reorganization plan called for the layoffs of 20 % of the workforce and the discontinuation of most of the international routes. Quite puzzling since the exact same opposite has occured with the re-launching of pre-Iberia routes.

Aerolineas Argentinas has started running advertisements here in Los Angeles in the newspaper for their new thrice weekly flights to Lima and Buenos Aires, with connection to Sao Paulo, Rio, Santiago and Montevideo. It appears that their expectations of the route are doing so well, because I just read that they now plan to switch it into a daily flight. This reminds me of Pan Am's situation back in 1991, when they were running commercials and sponsoring a latin american street fair in Los Angeles 2 days before they shut down.

Any breaking news about their stockholder meeting?


Best Regards,

Apollo Diaz

Pan Am - The World's Most Experienced Airline.
 
Derico
Posts: 4209
Joined: Mon Dec 20, 1999 9:14 am

RE: Aerolineas Argentinas Board Meeting

Sat Sep 16, 2000 1:32 am

<<<*BREAKING NEWS*>>>



I heard the meeting was cancelled.  

As for AR financial security, now that's an oxymoron right there.  

I'll just say Viva MEX and AM...  

Derico
My internet was not shut down, the internet has shut me down
 
Federico
Posts: 190
Joined: Tue May 31, 2005 1:50 am

RE: Aerolineas Argentinas Board Meeting

Sat Sep 16, 2000 1:42 am

You've heard wrong...

Federico
Argentino In Seattle
 
Guest

RE: Aerolineas Argentinas Board Meeting

Sat Sep 16, 2000 2:16 am

Well, as I posted earlier, Heathrow is expecting the first 747 in on the 30September. To see AR's LHR timetable, go to http://www.baa.co.uk and follow the Heathrow signs, then click on timetable, and type in Buenos Aires-London, and you should get the AR timetable.

I am completely baffled as to why AR should be expanding at a time of such financial insecurity  

Incidentally, The Independent (not a football team, but a UK Newspaper   was advertising flights to EZE from LHR for £404rtn. Now that's a VERY attractive deal, and most English visitors will now take AR, instead of KLM, LH or AF from LHR via Paris, Frankfurt etc.

The BA flights to EZE are mostly British Businessmen and Argentines visiting relatives back home (in Argentina).
 
Derico
Posts: 4209
Joined: Mon Dec 20, 1999 9:14 am

So I Have Heard Wrong... (?)

Sun Sep 17, 2000 8:52 am

Ok, Federico, I trust you I'm wrong... (-:

Read the papers today??

Ok, so it was DELAYED (if you want to play with words), instead of cancelled, for one month.

Boy, I was way off...

Better stick to your new airline, ok? Maybe Seattle to Valle del Payaso directs...  

Derico
My internet was not shut down, the internet has shut me down
 
Federico
Posts: 190
Joined: Tue May 31, 2005 1:50 am

RE: Aerolineas Argentinas Board Meeting

Tue Sep 19, 2000 1:17 am

Not palying with words. It wasn't cancelled far from it, the meeting was held, the new proposal was thrown at Iberia...they need to review it and make a decision. And considering that evidence was found that AR's debt includes some of Iberia's ...yes little boy I read the paper.

Grow up Derico and get a life.
 
bacardi182
Posts: 1029
Joined: Tue Jan 04, 2000 2:47 am

RE: Aerolineas Argentinas Board Meeting

Tue Sep 19, 2000 5:25 am

yikes, there needs to be a little bit of tranquilo up in here!

I stoped caring about AR months ago, i will never fly them again, and i wish they could hurry up and die so that southern winds and LAPA could duke it out over the number one postition in argy.

As for me, i am flying Lan Chile next december, and hopefully next june! i cant wait to try out those new A320s!
 
Derico
Posts: 4209
Joined: Mon Dec 20, 1999 9:14 am

RE: Aerolineas Argentinas Board Meeting

Tue Sep 19, 2000 7:20 am

"Not palying with words. It wasn't cancelled far from it, the meeting was held, the new proposal was thrown at Iberia...they need to review it and make a decision."

In fact there is NO final decision between what rescue plan they will choose, so it was cancelled... we can play semantics all day, but I'm not really that bored.

I have a life, maybe I could throw you a lifeline (final answer?)... it seems you have more than enough time to even bother answering just minutes after I did...
My internet was not shut down, the internet has shut me down
 
Guest

RE: Derico

Tue Sep 19, 2000 7:27 am

Federico is right, get a life and stop making a big deal out of this. You were wrong all along, but you just don't want to prove it.
 
Derico
Posts: 4209
Joined: Mon Dec 20, 1999 9:14 am

RE: Aerolineas Argentinas Board Meeting

Tue Sep 19, 2000 7:36 am

How was I wrong?

If you are playing a baseball game, and play it's stopped in progress, it's said the game was cancelled, postponed, whatever the word du jour is. I also did correct myself in saying it was put away for a month or so, I guess you don't see when someone does correct itself.

Besides, I posted my first reply when the information was just comming out and wasn't even reported by the press. Do you expect me to know every single detail?

Also, I have to 'prove' I'm wrong... that's hilarious, thanks!
My internet was not shut down, the internet has shut me down
 
Guest

RE: Derico

Tue Sep 19, 2000 7:37 am

It wasn't canceled, it was delayed. You did correct yourself, but you attacked Frederico for no reason.
 
Derico
Posts: 4209
Joined: Mon Dec 20, 1999 9:14 am

RE: Aerolineas Argentinas Board Meeting

Tue Sep 19, 2000 7:43 am

Well my friend... the moral of this story is... (don't stick your nose where it aint'belonging)...

We learn new things everyday don't we!
My internet was not shut down, the internet has shut me down

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