Grupo Marsans' planned sale of Aerolineas Argentinas and its Austral subsidiary to the Argentine government (ATWOnline, July 18) moved forward after the lower house of the national congress, the Chamber of Deputies, approved the renationalization last week. AR was privatized in 1991 and reportedly is carrying debt of around $900 million. The Chamber of Deputies approved the measure by a 167-79 vote, according to press reports. The Senate is scheduled to discuss the bill, which sets out the ...

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