Aerolíneas Argentinas has made considerable progress in recent years, moving from a deficit to a surplus due to improved management practices. The airline reported an operating surplus of 57 million dollars in 2024, which increased to 113 million dollars in 2025, reflecting a healthier financial standing compared to its historically troubled fiscal situation. This turnaround challenges previous assumptions about its viability as a state enterprise, particularly given its past dependency on state subsidies.

Despite these positive financial metrics, there is skepticism regarding the long-term sustainability of Aerolíneas Argentinas as a state-owned entity. Critics point out that even though the airline has managed to post a surplus, it historically operated at a significant loss, ending 2023 with a staggering liability of 685 million dollars. The prior administration's attempts to mask deficits by categorizing loans as current income have led to a lack of transparency and trust in the airline's financial health.

Ultimately, the debate continues about whether Aerolíneas Argentinas should remain under state control or be privatized. Advocates for privatization argue that a competitive, privately-run airline could lead to better services and efficiency, reducing the financial burden on the state. On the other hand, supporters of state ownership believe that maintaining a national airline is crucial for connectivity and economic stability in Argentina. This discussion highlights broader conversations about the role of government in business and the management of public resources.