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Too many debts for Varig Airlines

Brasilia, Brazil - The Government studies possible solutions

Debts for the Brasilian carrier Varig get up to USD 700m. On June 2, the news spread about the Brazilian Government that conceded the purchase of 20% of the national carrier capital to the Portuguese Tap. The proposal of integration between the carriers was granted by the Brasilian Ministers of Economy and Defense that are also studying plans to revive the national airlines. The plan is that of exchanging...

AVIONEWS - World Aeronautical Press Agency - 121658
Rome, Italy, 06/06/2005 17:22
AVIONEWS - World Aeronautical Press Agency

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