New on NG, from your response it seems that you are with Varig? If that is the case why are you asking here? You probably know more than we do.
My guess, from news reports and rumours, would be that Varig will have a harder time coming back from protection this time around. Unless the company is restructured and the current management are shown the door, no-one will be interested in a buy out. Would you put your money in a company still run by the same bunch of clowns?
Added to that the competition is not sitting still. TAM has just been elected the best airline in Brasil and Gol is very agressive in pursuing new markets. Both have more modern fleets and a better image than Varig.
I would love to see Varig bought out by TAP, fleets restructured, a proper accounting system in place, and a realistic schedule. Unfortunately, as ever here it will probably end up in pizza. Some jeitinho to get Varig back in business, followed by billions more Reais from the taxpayer and bankrupcy again in five years.
