Global Trade Alert
Global Trade Alert

Argentina: Nationalisation of two Spanish-owned airlines

Announcement

22 Dec 2008

In December 2008, the government of Argentina announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Dec 2008

Revocation date:

No revocation date

Updated: 22 Dec 2008
FDI: Treatment and operations, nes In force
On December 22, 2008, a law expropriating the Airlines Aerolineas Argentinas and Austral was promulgated. Aerolines Argentinas and Austral were the property of the Spanish group Marsans. Marsans react...
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