Argentina - Domestic flights increased 53% within last 16 months; Gov't authorizes new hike

Discussion in 'Argentina' started by Bay Pisco Shark, Mar 30, 2011.  |  Print Topic

  1. Bay Pisco Shark
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    Bay Pisco Shark Gold Member

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  2. Gaucho
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    Gaucho Gold Member

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    Thanks for posting this.... local media is reporting that the average increase in domestic airfares has been 8%. Current FX rates are AR$4.07 to the Dollar... its good to remember this amount and see if the movement in the ForEx markets offsets these increases (at least until the next round of adjustments).

    BTW, airfares are regulated in this market.... airlines are not free to fix their own prices as they wish.
     
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  3. Gaucho
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    Gaucho Gold Member

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    The strange thing is that for some longer distance flights, its cheaper to fly than it is to ride the bus. Some examples include deep southern destinations like Usuhuaia and Bariloche.
     

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