Aerolíneas Argentinas
At this time Iberia began to build up interests in other Spanish airlines – Aviaco, Viva Air, Binter Canarias and Binter Mediterráneo – and Latin American airlines Aerolíneas Argentinas, Viasa and Ladeco. In June 1990 the company led a consortium to buy Aerolíneas Argentinas for an agreed $2billion for 85% stake and the following year bought 45% stake in Viasa for $145million.