It does not receive public funding
Editor in chief:
CLARA MOSCHINI

Facebook Twitter Youtube Instagram LinkedIn


Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Varig announced a plan of personnel cutting

Rio de Janeiro, Brazil - Carrier tries to avoid bankruptcy by creating a new company

Varig Brazilian carrier will fire the 13% of its 12,000 dependents and will create a new company within the end of 2006 to avoid bankruptcy. President of the Board of Directors, David Zylbersztajn, called earlier this year to attempt to save the carrier, revealed it. "We kicked off the discussions with creditors and those interested in the recovery of Varig", said Zylbersztajn, whose team attended...

AVIONEWS - World Aeronautical Press Agency - 126815

AVIONEWS - World Aeronautical Press Agency
Similar