Aerolineas Argentinas set to benefit as President Mauricio Macri promies to infuse economic credibility and openness and commence fiscal reforms for the economy!

 

Aerolineas Argentinas, the national carrier of Argentina, is set to benefit as President Mauricio Macri promises to infuse economic credibility and openness and commence fiscal reforms for the economy.  President Macri abolished subsidies to the energy and transport sectors and re-introduced a free-floating peso. President Macri also ended the dispute with the holdout creditors and opened the country to the international bond markets with a a sovereign bond sale of $16.5bn. Argentina's monthly inflation rate eased to 2% in July, less than half of what it was before, when the Macri goverment began reporting consumer price data. 

Aerolineas Argentinas has recently carried out a refinancing to reduce its high interest rates and has made the previously loss-making Buenos-Aires New York JFK route profitable. Book your Aerolineas Argentinas flights through Alternative Airlines.