Aerolineas Argentinas May Follow Iberia Model
Spanish holding company SEPI, refining the latest business plan to rescue ailing Aerolineas Argentinas, may look in its own backyard for a model - the successful turnaround of Iberia, in which SEPI holds 54% equity. Between 1990 and 1996, Iberia lost $1.6 billion, and financial experts declared it...
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