Aerolineas Argentinas is planning to discontinue its non-profitable international flights, reports the Argentine Independent.
The company loses a significant amount of money on flights to the United States, Europe and Australia.
It will focus instead on regional flights to destinations such as Brazil, Peru and Venezuela.
The government-owned airline also said it would accelerate fleet replacement and work to redesign the working conditions of pilots and mechanics to be more in line with international standards.
The company has faced repeated number of conflicts with its labor unions.