>>151051>The airline was only nationalized in 2008/9
Thanks for proving my point by forcing me to read their wiki page.
Aerolíneas Argentinas was nationalised because the foreign capitalists who were running it beforehand (American Airlines in this case) had driven the airline into bankruptcy - with only 10% of international flights operating in the period before nationalisation. The capitalists had managed to rack up a $15m debt witn their fuel supplier, grounding most of the fleet.
The Argentine government was really left with no choice other than immediate nationalisation by the sound of it. >Your ghey tepid scheme was tried. Didn't work - made people's lives worse
The airline had actually always been state owned since it's creation in 1950, with privatisation only lasting about 15 years from 1990. If anything privatisation was the experiment which failed, with the nationalisation being forced on the government in order to save the jobs of the airline's workers.