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Article: Company Watch - Airbus.
- Article from:
- AirGuide Business
- Article date:
- October 12, 2009
CopyrightCOPYRIGHT 2009 Pyramid Media Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New York (AirGuideBusiness - Company Watch) Oct 11, 2009
State-owned Aerolineas Argentinas has reached a "very advanced state" in negotiations to close the acquisition of up to 15 Airbus aircraft. The carrier, which has already closed narrowbody fleet-renewal deals with Boeing and Embraer, has long been discussing the fate of the large Airbus order placed by former owner Marsans in 2007. Marsans would only agree not to seek internationional arbitration over Aerolineas' forced repatriation if the Argentine Government took the outstanding aircraft, for which Marsans has deposited guarantees. An Aerolineas source confirms that Aerolineas president Mariano Recalde, in ...