A Great Week for Aerolíneas Argentinas

The State carrier Aerolíneas Argentinas

made two significant announcements this week. First, the company unveiled its new partnership with the Abra Group, a holding encompassing avianca airlines and GOL Linhas Aéreas. Then, Aerolíneas informed it entered the capital market and raised $100 million through a trust.

Abra Group’s new partner

On Thursday, Abra Group announced the signing of a Memorandum of Understanding (MoU) with Aerolíneas Argentinas. This partnership is aimed at strengthening collaboration and exploring opportunities between the two organizations, specifically in commercial, operational, and technological areas, they said in a statement.