Developing Story: LATAM Argentina will permanently cease operations

[antipodean]

Mendoza Tourism Board fears the impact of the potential decrease of Chilean incoming tourists, as well as other connecting via Bs. As. LATAM had 24 % of the domestic traffic, no existing airline has the capacity to absorb this volume of traffic.

Remember the days of “minimum fares” and “tourist prices”? No need to re-introduce a policy if a capacity squeeze will do it for you. Shrug shoulders - it’s a free market after all.

 

[Jeremias]

I was planning a trip to El Calafate later this year. That plan is moot now, as I refuse to fly with Aerolineas. Will drive somewhere else instead.

Every day I thank God on bended knees for not being an Argentine taxpayer.

Wait, there are people actually paying taxes in Argentina?? That's some heavy breaking-news here! In ten years, I never met one, and neither did the ARBA.

 

[jblaze5779]

Wait, there are people actually paying taxes in Argentina?? That's some heavy breaking-news here! In ten years, I never met one, and neither did the ARBA.

All the expats...

 

[antipodean]

Maybe Argentina just prints its tax revenues as well...?

 

[Jeremias]

Maybe Argentina just prints its tax revenues as well...?

Where has all this sweet money gone to, one has to wonder...?

A good third in Panama's banks, ain't it so? Another third in Nassau, Geneva and Miami.

And the last third, beats me. Paving a few roads?

 

[antipodean]

Here are some interesting figures showing labour cost and productivity in Argentina vs. other LATAM operations.
They paint a familiar picture. "Why can't we have nice things...?"