Tag: VarigLog

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Varig Threatens to Stop Flying If Brazilian Justice Keeps Blocking Money

VarigLog, the new owner of Brazilian Airline Varig, threatened today, August 1st, to simply ...

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Brazil’s Varig Bought for US$ 24 Million. 8000 Employees Get the Ax.

It seems that the name Varig will survive after all. The moribund airline company ...

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If Brazil’s Bankrupt Varig Is Sold 7,500 Workers Would be Fired and 40 Planes Retired

Luiz Roberto Ayoub, the judge who presides in the Rio de Janeiro business court ...

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Brazil: Why Varig Airline’s Rescue Has Become an Impossible Proposition

Today judge Luiz Roberto Ayoub, of a Rio business court (8ª Vara Empresarial do ...

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Two Courts, in Brazil and US, Decide Today Bankrupt Varig’s Future

A director in Brazil’s union of workers in the aviation sector  (SNEA), Anchieta Helcias, ...

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VarigLog Gets Until Wednesday to Explain Its Intentions Towards Brazil’s Varig

VarigLog, a former cargo transportation subsidiary of Varig, which was acquired by an investment ...

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On Death Row, Brazil’s Varig Gets Final Chance to Keep Flying

Brazilian aviation authorities on Saturday approved the sale of the cargo unit of the ...

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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 ...

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Brazilian Investors Go Shopping After Recent Stock Market Sell-Off

Latin American stocks were mixed, with Brazilian shares jumping on bargain hunting and tame ...