Varig's 777 seized in CDG
Sad days for Varig, one of the oldest flagships carriers of the world, living the worst turmoil of its almost 80 years existence.
An ILFC leased 777 was seized two days ago at CDG, allegedly due to delay payments on leasing.
Rumours has it that this was more a political than financial maneuver.
Hope this airline, the largest of Latin America and who managed to survive to several crisis (including, as usual, gross mismanagement) find a way out.
Last edited by fullforward; 4th Feb 2003 at 12:12.