Buenos Aires - Argentina's Senate Wednesday voted 42 to 21 to approve the nationalization of the financially troubled airline Aerolineas Argentinas and its regional subsidiary Austral, taking another step in a project that has been under discussion for months.
The vote follows similar approval by the lower Chamber of Deputies on December 3.
Both airlines are owned by the Spanish travel conglomerate Grupo Marsans, which has already signalled its intention to fight the takeover in court.
At issue was not the return of the airlines to national ownership, which was basically approved in September, but rather the price to be paid.