Tag: VarigLog

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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

Brazilian Investors Go Shopping After Recent Stock Market Sell-Off

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