Argentina’s economic crisis has created a unique business experience for the country’s national flag carrier, Aerolíneas Argentinas. Over the past three years the country has been mired in recession, prompting many businesses to cut costs or risk bankruptcy. The cost-cutting measures, which forced more than 200 companies to dispose of their business jets last year alone, prompted Aerolíneas Argentinas to enter the executive jet market. Last month, the company debuted its newly refurbished Boeing 737-200 to Argentine business clients in need of executive charter service.
Since the “Executive Jet” service was launched, the company signed three contracts with customers, according to Aerolíneas Argentinas director of institutional relations Julio Scaramella. “The company has been pleased with the interest the service has already generated among business people,” he said, adding that the airline is confident the service has a promising future.