Investing in Argentina is not easy, and this story only covers some of the latest events. The investment climate for large high profile companies has been adverse for over a decade, this is the main reason why FDI into Argentina is at pathetic levels when compared to Brazil, Chile, Mexico, Peru and even Uruguay. Needless to say, FDI is not going to increase anytime soon, at least not with the current K regime in Power.
Aerolineas can fly overseas because it does so with leased aircraft..... else, chances are they would get into legal issues. Also, on paper, Aerolineas is still owned by Spanish Investors.... its a long story but the Argentine Government did a legal intervention of the company but the formal ownership is still in the hands of the Spanish Marsans Group.