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Fearing Seizure Over Outstanding Debt, Argentina President Grounds Plane

For her upcoming trip to Asia and the Middle East, Argentine President Cristina Fernández de Kirchner will be flying first class in a private plane.

The plane, however, will not be her traditional presidential jet, Tango 01, but a privately charted jet due to concerns that creditors might try to seize her official aircraft.

The charted plane will cost the Argentinean government $880,000 for the weeklong trip – approximately 20 percent more than it would cost to travel in the presidential plane, a Boeing 757. The Southern Cone nation charted a similar plane from the U.K.-based company Chapman Freeborn for Fernández de Kirchner’s trips in 2010 and 2011 throughout South America and Europe.

Source: Fox News. Read full article. (link)

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