Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Creditors of Varig, the Brazilian flag-carrying airline under creditor protection with debts of about R$8bn ($3 ...

Brazilian airline Varig, which is on the verge of bankruptcy, was acquired at auction on Thursday by VarigLog, its old cargo subsidiary, for a base price of $24 million, according to EFE news wire.

Varig, once Brazils largest airline and premier international flag carrier, has been rescued from near-extinction by the owners of its former cargo-carrying subsidiary. The new owner, Varig Logistica, ...

Brazilian airline Varig was sold at auction on Thursday to Volo do Brasil, a local investment fund, for $24 million, saving the airline from collapse, at least for now. Volo has pledged $485 million ...

Varig Flight 254 was a routine Boeing 737 service that ended in a nightmare over Brazil. A simple heading error sent the crew west into the Amazon, where they followed the wrong river, burned through ...

Green Dot Aviation Official Varig 254 disappeared into the Amazon because the crew flew the wrong way Posted: May 4, 2026 | Last updated: May 4, 2026 This video tells the shocking story of Varig ...

VRG Linhas Aereas, using the Varig brand, has a new and more modest role in the Gol airline group. From mid-October it will operate only three medium-haul Boeing 737-800 routes: to Bogota, Caracas and ...

Gol's new long-haul unit is dropping three of its five European routes following heavy losses In a major U-turn, Brazil's Gol has decided to drop three of Varig's European routes only a few months ...

Varig will shut down charter subsidiary Rotatur and reorganize operations at tour unit Varig Travel as part of restructuring preparatory to its merger with TAM. Several Varig Travel branch offices in ...

NEW YORK -- Varig, Brazils largest airline and the largest carrier in Latin America, filed for bankruptcy protection June 17 but said its operations will be not be affected. Unaffected services ...