Air Transport World

Aerolineas Argentinas.(Latin America/Caribbean Report)(creditors get final payment)(Brief Article)

Aerolineas Argentinas emerged from a lengthy financial restructuring at the end of Dec. with a final payment to creditors of $245.7 million; it earlier had made payments totaling $504.3 million. The carrier experienced a "technical bankruptcy" in June 2001. The following Oct., majority shareholder SEPI--the Spanish state-owned holding company--transferred control of the airline and affiliate Austral to Marsans Air Comet Group. …

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