Aerolíneas Argentinas and the ABRA group, the holding company that controls Gol Linhas Aéreas and Avianca, signed a Memorandum of Understanding (MoU) on Thursday focused on expanding collaboration and “exploring opportunities between the two organizations, specifically in commercial, operational and technological areas”.
The Argentine state airline already has a long-standing partnership with the Brazilian airline, unlike its relationship with Avianca, with which it competed to buy Viva Air.
The groups have not clarified what type of synergies they will be able to implement, but they suggest the emergence of an alliance in the future. They even admit to seeking government authorization to implement the project.
Despite this, both Aerolíneas and ABRA reform the independence and autonomy of airlines, their brands and culture. Furthermore, there is no intention to promote corporate changes, as occurred with the formation of the group by Avianca and Gol.
“The partnership with ABRA and the possibility of working on joint planning and strategy, which allows us to create better networks, more connectivity and, ultimately, a better product, is fundamental for Aerolíneas Argentinas, as well as for Gol and Avianca. I am sure that this agreement will further boost the growth of the airline market throughout the region,” said Fabián Lombardo, commercial director of Aerolíneas Argentinas.
“As part of Grupo Abra’s growth in the region, we are announcing a collaboration agreement with Aerolíneas Argentinas, Argentina’s main airline, which will allow us to further strengthen our presence in the Southern Cone and seek new opportunities in different areas, to contribute to Abra’s purpose: to make more people in Latin America fly with better fares, more destinations, frequencies and convenient connections”, said Constantino de Oliveira Junior, CEO of Grupo Abra.
The three airlines are among the largest on the South American continent, along with the LATAM group and Azul Linhas Aéreas.