By editor
Originally published on Thu January 10, 2013 5:26 pm
Transcript
MELISSA BLOCK, HOST:
When Argentina's President Cristina Fernandez de Kirchner travels to Asia and the Middle East this month, she won't be flying on the official presidential plane. That's because Argentina fears the Boeing 757 jet known as Tango 1 will be seized when it lands by creditors, bond holders who hold sovereign debt that Argentina has defaulted on. So, instead of taking that risk, President Fernandez will be flying on a rented charter plane at the cost of $880,000.
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