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Showing results for tags 'Marsans'.
The Cristina Fernández de Kirchner administration nationalised the airline in 2008, paying a symbolic one peso (30 US cents). Argentina must pay US$320 million in damages after the International Centre for Settlement of Investment Disputes (CIADI) on Wednesday ruled against its appeal to suspend an earlier ruling from 2017. "Argentina's request to annul the ruling is denied", CIADI said in its decision regarding the country's controversial re-nationalisation of the flagship carrier. Grupo Marsans, which had owned Aerolíneas, had initially requested US$600 million in damages,