Business

Aerolíneas Argentinas expects income to hit $1.7 billion in 2020

State-owned Aerolíneas Argentinas will add new flights to New York and Madrid this year and get its five Boeing 737 MAX airplanes back online, said Pablo Ceriani, the CEO of the company appointed in December by Argentine president Alberto Fernández. With a current operating deficit of $570 million, Ceriani expects income to hit $1.7 billion in 2020 thanks to the sale of nearly 13 million tickets.

Source: Reuters