Tag: Varig
Brazilian Government Sees Bankrupcy-Bound Varig Airline at Brink of Precipice
Once powerful and monopolistic Varig Airlines’s debt to the Brazilian Airport Infrastructure Company (Infraero) ...
Past the Point of No Return Brazil’s Varig Airline Tries Desperate Maneuvers
Directors of Brazil’s troubled flag carrier, Varig, must decide whether to ratify a deal ...
Being a Monopoly Contributed to Brazil’s Varig Airline’s Demise
If Varig is eventually declared bankrupt, passengers of the airline will suffer at least ...
Nothing Short of a Miracle Can Save Brazil’s Varig Airline, Says Expert
The situation at Varig, Brazil’s flagship air carrier, has never been as critical as ...
Cancelled Flights, No Government Bailout. Brazil’s Varig Is on Its Last Leg.
Brazilian aviation authorities blocked a deal that would have thrown a lifeline to Brazil’s ...
Varig Employees Urge Brazilian President to Keep Bankrupt Airline Flying
A group representing Brazilian Varig Airline employees, accompanied by ten members of Congress, delivered ...
Brazil’s Varig at the End of Its Rope. It Might Stop Flying Any Minute Now.
The president of Brazil’s debt-burdened flagship airline Varig acknowledged Wednesday, April 5, that his ...
Brazil: Bankruptcy-Plagued Varig Hires US Firm Savvy on Distressed Airlines
Global professional services firm Alvarez & Marsal, which specializes in turnarounds and restructurings, announced ...
Boeing Gives Brazil’s Moribund Varig a Break
Varig, Brazil-based airline, announced this Wednesday, January 4, in Rio de Janeiro, the closing ...
Brazil’s Varig Repays Part of Debt in US Court and Delays Bankruptcy
Brazilian bankruptcy-bound airline Varig informs that, pursuant to a ruling by the Court of ...