Aerolineas Argentinas - Government to take control?
Nov 8, 2008, 12:34 pm
#31
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Question is.... do you have alternatives...? Does LAN offer service at the time of your planned trip...?
Nov 10, 2008, 9:15 pm
#33
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Nov 10, 2008, 10:18 pm
#34
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Learn one Spanish word a day.
Today's word: demorado
Grupo Marsans are saying that if they do not reach an agreement to sell AR, they will inject capital into the company ....
http://www.lanacion.com.ar/nota.asp?...3&high=marsans
Does AR own any of the aircraft they fly to the US/EU? If so, surely they would be seized if the airline becomes nationalized. I presume an agreement also has to be reached with Marsans for regulatory reasons.
Today's word: demorado
Grupo Marsans are saying that if they do not reach an agreement to sell AR, they will inject capital into the company ....
http://www.lanacion.com.ar/nota.asp?...3&high=marsans
Does AR own any of the aircraft they fly to the US/EU? If so, surely they would be seized if the airline becomes nationalized. I presume an agreement also has to be reached with Marsans for regulatory reasons.
Nov 11, 2008, 6:59 am
#35
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I dont think any of the long range aircraft are owned by AR.... all leased. Marsans to inject $$$ into AR...???? ROFLMAO !!!!!!! yeah right..... they will do that on Feb 30th... the La Nacion reporter need to get his sources checked...
Nov 11, 2008, 10:40 am
#36
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I wonder how many $ Marsans is valuing goodwill in AR? Surely that should be negative 
Isn't it usual to have an independent auditor determine the value of the business. The posturing on both sides is going nowhere ....
Isn't it usual to have an independent auditor determine the value of the business. The posturing on both sides is going nowhere ....
Nov 11, 2008, 5:45 pm
#37
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Trust me.... any auditor that has 2 brain cells will tell you in less than 1 week that the company for sure has negative equity..... we can discuss how much of a hole there is... but negative equity is negative equity.
Nov 11, 2008, 5:47 pm
#38
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see here for related news on valuation of AR.............
http://www.lanacion.com.ar/nota.asp?nota_id=1068974
http://www.lanacion.com.ar/nota.asp?nota_id=1068974
Nov 19, 2008, 9:02 am
#39
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Local press is reporting that compulsory nationalization may after all happen, as the Marsans Group is insisting on its valuations and the Argentine State is saying AR has negative equity, and is insisting on a total transfer of the Airlines to state ownership for a purchase price of AR$1.
Yesterday, the Congress cleared the way for "expropriation", should the Spanish investors not change their position.
Stay tuned.....
Yesterday, the Congress cleared the way for "expropriation", should the Spanish investors not change their position.
Stay tuned.....
Nov 19, 2008, 10:14 am
#40
Join Date: May 2004
Location: Sacramento
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"Funny" fares . . .
To flog an almost-dead horse just a bit more . . . .
ALL flights from Buenos Aires to Mendoza are priced at $395 US round trip; yet round trip fares to Santiago, Chile start at $230 US round trip, with a number of good times available at $241 RT (on both AA and LAN).
So, it costs nearly twice as much to take the shorter journey. And, I save $800 in airfares (for my wife and myself) by not taking it at all.
ALL flights from Buenos Aires to Mendoza are priced at $395 US round trip; yet round trip fares to Santiago, Chile start at $230 US round trip, with a number of good times available at $241 RT (on both AA and LAN).
So, it costs nearly twice as much to take the shorter journey. And, I save $800 in airfares (for my wife and myself) by not taking it at all.
Nov 19, 2008, 1:39 pm
#41
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Hmm. Are you pricing in the international departure tax per ticket that you'd have to pay when leaving EZE? Also, assuming you are a US citizen without a Chile stamp, add another $133 dollars per ticket to SCL, too.
Nov 19, 2008, 2:18 pm
#42
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To flog an almost-dead horse just a bit more . . . .
ALL flights from Buenos Aires to Mendoza are priced at $395 US round trip; yet round trip fares to Santiago, Chile start at $230 US round trip, with a number of good times available at $241 RT (on both AA and LAN).
So, it costs nearly twice as much to take the shorter journey. And, I save $800 in airfares (for my wife and myself) by not taking it at all.
ALL flights from Buenos Aires to Mendoza are priced at $395 US round trip; yet round trip fares to Santiago, Chile start at $230 US round trip, with a number of good times available at $241 RT (on both AA and LAN).
So, it costs nearly twice as much to take the shorter journey. And, I save $800 in airfares (for my wife and myself) by not taking it at all.
Nov 20, 2008, 12:52 am
#44
Join Date: May 2004
Location: Sacramento
Posts: 159
My only point was the disproportionately high cost of airfares within Argentina in relation to the cost of international fares, and I didn't even mention intra-US fares (e.g., my wife's sister is flying 2000 miles to visit us this Thanksgiving for US $220, including all taxes).
Nov 20, 2008, 1:03 am
#45
Join Date: May 2004
Location: Sacramento
Posts: 159
[QUOTE=SoFlyOn;10712757]Learn one Spanish word a day.
Today's word: demorado
QUOTE]
Thanks. A very useful word. In all likelihood, I'll have plenty of opportunities to remember and use it. (approximate translation: delay)
I have to admit, a related idea came into my mind when I saw it -- demoralized.
Today's word: demorado
QUOTE]
Thanks. A very useful word. In all likelihood, I'll have plenty of opportunities to remember and use it. (approximate translation: delay)
I have to admit, a related idea came into my mind when I saw it -- demoralized.