American Airlines Joins Attacks on Peso, Argentina Says

The Argentine government said American Airlines Group Inc. is joining other U.S. groups in attacks to weaken the peso by restricting sales of tickets in the country.

“They are insidious, permanently launching speculative attacks against the country with no basis whatsoever,” Cabinet Chief Jorge Capitanich said today in his daily televised news conference, referring to local media reports that the Fort Worth, Texas-based carrier won’t sell tickets for flights scheduled more than 90 days in advance. “This forms part of a permanent agenda of schemes from companies that intend to generate uncertainty about the currency in Argentina.”