Overview

• Through Resolution 1205/2025, the Economy Ministry set 2025 operating revenue at $2,524,250,107,629 and operating expenses at $2,465,125,926,278, projecting a $59,124,181,351 operating gain.
• The plan foresees a $35,618,835,012 consolidated financial surplus in 2025 and specifies no transfers from the National Treasury.
• The shareholders’ assembly approved the 2024 accounts with a net positive balance of $271,000 million, the first such result since the company’s 2008 re-nationalization.
• Aerolíneas recorded an EBIT of US$56.6 million in 2024 after a deep loss in 2023, marking a key improvement in its core operating metric.
• Management attributes the turnaround to cost cuts including a roughly 15% workforce reduction (about 1,600 positions) plus route and office closures, with KPMG’s audit cleared and some worker representatives voting against approval.