Aerolineas Argentinas decided to join SkyTeam back in 2010. Normally the process of joining an alliance takes from 12 to 24 months. The process was completed today when the Argentinean flag carrier was officially welcomed to the alliance. You can read the press release about the joining here.
From today all SkyTeam member airline frequent fliers can redeem and earn miles on Aerolineas Argentinas flight. The same benefit apply for Aerolineas Argentinas frequent flier members on all SkyTeam member airlines. You should always check that the ticketed fare class is eligible for mileage credit. This often varies from airline to airline.
Aerolineas Argentinas has extensive route network within Argentina.
The airline also serves 19 international destinations in 14 countries. The most interesting is the one from Buenos Aires to Auckland and continuing to Sydney. The airline has fifth freedom rights to carry local traffic for the Auckland-Sydney segment.
Argentinian Financial Problems
Argentina is again going through some financial difficulties. The current president nationalized and raided some pension funds. The inflation rate published by the government is fantasy and they have enacted “laws” to punish those that disagree with the official figures. The official currency rate is also unrealistic. The rate is about 4 pesos to USD but you can get close to 7 pesos in the unofficial market.
Eventually this financial turmoil will lead to a significant devaluation of the peso. Aerolineas Argentinas probably has a significant amount of their revenue in other currencies so it doesn’t necessarily affect them
SkyTrax 3 Stars
I don’t normally pay too much attention to the SkyTrax ratings, but they are not very favorable for the Aerolineas Argentinas. The Airline is listed as having an “official” 3 star rating.
It is good that Aerolineas Argentinas is now officially a full member of SkyTeam alliance. The only problem is the unstable financial and political situation in Argentina.