Hello folks,
Once again Transbrasil has a large debt with GE, more than U$20 million. GE arrested last year 6 B737. This week I read that GE took a B767 and 2 more 76's are out of service due poor maintenance. Employees are waiting for their salaries and likely a strike or any other kind of protest against work conditions will be programmed for this month. Dark clouds are over there and I feel that something terrible will happen. I've some friends working for TBA and they're very upset by the bad news. With an operating fleet of less than 12 airplanes and with a long lasting economic problems in Brazil I am not sure that they will survive for a long time. Anyway let's wait.