Saturn
3rd Mar 2006, 23:22
Can someone provide some info on what has happened and what will now happen to VarigLog? I believe it was sold but to whom and will it be a new cargo airline or??? Thanks a bunch.
:ok:
alemaobaiano
6th Mar 2006, 11:30
AS of the moment, nothing :uhoh:
The sale of Variglog was agreed, but as the majority shares of the buying company were from the USA(?) it went to court where the sale was declared unconstitutional. (Apparently there has to be a Brazilian majority ownership, but I could be wrong there)
It was also "sold" to TAP last year, but again that fell through.
Tchau