The General Confederation of Labor (CGT) has called a strike that will cause the national economy to lose US$62 million in tourist spending. This is due to the cancellation of at least 700 confirmed flights, affecting 90,000 passengers. The Latin American and Caribbean Air Transport Association (ALTA), which represents 160 companies including 45 airlines, expressed concern about the impact of the strike as it controls more than 80% of the region’s air traffic and 94% of the Argentine market.
During the strike, only two airlines, Flybondi and American Airlines, will operate. Flybondi has moved its operations to Ezeiza International Airport and will operate 68 flights, while American Airlines will also be operational. However, other airlines have canceled all scheduled flights, resulting in significant economic losses for the country. ALTA estimates that the direct losses for the national economy due to tourist spending will be around US$12 million daily. This is based on the average spending of foreign tourists who arrive by air and the number of daily passengers. The total loss, including all income generated by the aerial operation, is estimated to be around US$62 million per day.
The interruption of air services will not only impact tourism and international trade but also hinder the country’s regional and global connectivity. ALTA recognizes the right of workers to strike but calls for urgent and negotiated solutions to minimize economic and social damage. The strike will affect connectivity with 19 countries that have a direct connection with Argentina and have a domino effect on multiple industries that depend on air travel. ALTA emphasizes the importance of finding a solution to reestablish air services as soon as possible to minimize negative impacts on both economy and population.
In conclusion, this strike is likely to result in significant losses for Argentina’s tourism industry as well as its domestic and international trade sectors. It highlights the critical role that air transportation plays in facilitating these industries and underscores
