Financial Times FT.com

Senate rescues Argentine airline

By Jude Webber

Published: September 5 2008 03:00 | Last updated: September 5 2008 03:00

Sergio Massa, Argentina's cabinet chief, hailed the "rescue" of flag carrier Aerolíneas Argentinas after the Senate approved a renationalisation of the struggling airline on Wednesday night. But a legal battle with former Spanish owners Marsans could be brewing over how much it is worth. -Jude Webber, Buenos Aires

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