FlyerTalk Forums - View Single Post - Buenos Aires (EZE) - the ultimate Q&A thread
Old Mar 4, 2005 | 6:49 am
  #604  
Gaucho100K
Moderator, Argentina and FlyerTalk Evangelist
40 Countries Visited
2M
50 Countries Visited
25 Years on Site
 
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Gold / Hyatt Explorist / Hertz PC
Posts: 36,210
Exclamation Southern Winds WARNING & situation update

Folks, Im now suggesting that all visitors to Argentina take down SW from your list of possible carriers. SW has started to have operational difficulties, as the oil companies have ceased to extend it credit for its jet fuel. This means that SW is having to advance pay their juice before filling up their birds... As the Argentine government has severed its ties (thereby cutting off all financial assistance and credit "backup"), things have gotten very tight for the company financially. Depending on who you listen to, the company appears to just have enough $$$ to survive for another 7-10 days.

The facts are that SW has had to cancel various flights yesterday and today, with most all being secondary routings. Still, this is a clear sign of distress and most analysts here are saying that their only chance for survival will be tied to the loads of its EZE-MAD flights, where they are operating a 767 and a 747 aircraft.

I will keep you guys posted....
Gaucho100K is offline