Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An eleventh-hour rescue for Varig, Brazil’s flag-carrying airline, inched closer on Monday when a prospective ...
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Varig 254 vanished into the Amazon after one fatal turn
Varig Flight 254 was a routine Boeing 737 hop in Brazil that ended in one of aviation’s strangest near-disasters. A single ...
Varig, once Brazils largest airline and premier international flag carrier, has been rescued from near-extinction by the owners of its former cargo-carrying subsidiary. The new owner, Varig Logistica, ...
RIO DE JANEIRO, Brazil – A bankruptcy judge on Friday canceled the planned sale of Brazil’s flagship Varig airline to a workers’ group, throwing the future of the carrier into limbo and virtually ...
Brazilian airline Varig, which is on the verge of bankruptcy, was acquired at auction on Thursday by VarigLog, its old cargo subsidiary, for a base price of $24 million, according to EFE news wire.
Brazilian airline Varig was sold at auction on Thursday to Volo do Brasil, a local investment fund, for $24 million, saving the airline from collapse, at least for now. Volo has pledged $485 million ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Creditors of Varig, the Brazilian flag-carrying airline under creditor protection with debts of about R$8bn ($3 ...
Varig will shut down charter subsidiary Rotatur and reorganize operations at tour unit Varig Travel as part of restructuring preparatory to its merger with TAM. Several Varig Travel branch offices in ...
NEW YORK -- Varig, Brazils largest airline and the largest carrier in Latin America, filed for bankruptcy protection June 17 but said its operations will be not be affected. Unaffected services ...
Viacao Aerea Rio-Grandense, Latin America’s biggest airline and the carrier responsible for most of the international flights from Brazil, filed for protection Friday from creditors in Brazil and the ...
Gol's new long-haul unit is dropping three of its five European routes following heavy losses In a major U-turn, Brazil's Gol has decided to drop three of Varig's European routes only a few months ...
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