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The walk of the Varig's activity

Brasilia, Brazil - The carrier considerably reduced its losses in 2004

Brazilian flag carrier Varig announced that it considerably reduced its losses in 2004 compared to the previous year. The carrier had losses for USD 693,9m in 2003, which in 2004 reduced to 33,5m, especially thanks to a growth in passenger traffic related to 11,9 percent. Varig’s performance in 2004 seems to have been the best since 1999. In spite of the walk of this activity, Varig’s 2004 performance was...

AVIONEWS - World Aeronautical Press Agency - 118200

AVIONEWS - World Aeronautical Press Agency
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