summary
- Argentina’s flag carrier Aerolinas Argentinas will suspend service to New York JFK in August 2024.
- The New York route is unprofitable and results in significant losses for airlines.
- Instead, Air Argentina will increase capacity on lucrative routes to Miami and Madrid.
Argentina’s flag carrier, Air Argentina, will temporarily suspend routes to New York John F. Kennedy Airport (JFK) from August 2024 as it aims to consolidate its international network into more profitable destinations. It is scheduled to be stopped. This includes flights to Miami and Madrid, with airlines freeing up aircraft to add capacity.
This was reported by Argentina’s Business Daily. el chronicathe flight to New York was deemed unprofitable, causing significant losses for the airline and prompting a reassessment of its international network.
Current behavior
Air Argentina connects the capital Buenos Aires with New York three times a week on its Airbus A330 aircraft. Compared to other destinations, service three times a week is no big deal. For example, there are 11 weekly flights to Madrid, which will increase to 14 weekly from June 29th to August 10th.
Photo: HMBSoFL Photo | Shutterstock
According to April 2024 data, the airline flies to New York on Mondays, Thursdays, and Saturdays, offering 816 seats per week. Kirium. The route faces intense competition from two major U.S. airlines, Delta Air Lines and American Airlines. Both offer daily service and offer more than 1900 seats per week. This difference is very important. Generally, more capacity means more flexibility in pricing and customer appeal.
![Delta A330neo](https://static1.simpleflyingimages.com/wordpress/wp-content/uploads/2023/09/shutterstock_1591626832-1.jpg)
Delta Air Lines continues Airbus A330neo service from New York to Buenos Aires until June
The airline will continue to operate daily flights through the summer.
American Airlines uses Boeing 777-200 and 777-200ER aircraft, and Delta Air Lines uses Airbus A330-900neos. Simple Flying understands that Air Argentina will place its code on Delta’s service between Buenos Aires and New York after it suspends its own operations. Simple Flying has reached out to the airline for comment and will update this article if we hear back.
million dollar loss
The airline will suspend its New York JFK route indefinitely as of August 10, sources told local Argentine media. “Increase fleet productivity by deploying vehicles to more profitable destinations.” This includes the following services Miami and Madrid.
Photo: Carlos Yudica | Shutterstock
Flights between the two cities incurred losses of $250,000 in February and March alone. Meanwhile, the airline estimates that throughout 2024 he will incur losses of more than 1 million USD by the end of December. The company says:
“This decision reflects the strengthening of our permanent assessment policy on route profitability in the face of a highly volatile aviation market.”
Flights to New York JFK will continue to operate normally until August 10th. “Flights to New York will continue to be available on codeshare flights with our partner Delta Air Lines.” The Argentine airline will also offer an alternative route via Miami.
Additional personnel in Miami and Madrid
The service will therefore end on August 10, as the airline deploys aircraft on routes to Madrid and Miami, and the additional flights will bring the total number of flights on each route to two per day. “Additionally, we also have resources to increase frequencies to the Caribbean and Rome.”
![Air Argentina aircraft parked](https://static1.simpleflyingimages.com/wordpress/wp-content/uploads/2023/12/an-aerolineas-argentinas-aircraft-parked-claudio-santisteban-2.jpg)
Argentina Airlines carried more passengers than ever before in 2023
The company expects to carry more than 16 million passengers next year.
Miami has the largest concentration of Argentines in the United States, while Spain has the largest diaspora outside of Argentina. This, in addition to political and economic connections and lower airport costs, makes Madrid and Miami a better option economically.
Photo: Anibal Trejo | Shutterstock
According to Cirium data, Miami business growth will double daily in September 2024. Flights to Madrid will move to 11 times a week, with two flights per day on Mondays, Wednesdays, Thursdays and Fridays.
Have you ever flown with Argentina Airlines from Buenos Aires to New York? Let us know in the comments below.