VARIG users should be very careful over the coming weeks until its
solvency position clarifies itself. As things stand flights are being
cancelled at an alarming rate and on Friday a Brazilian judge failed
to approve the sale of the airline to a consortium backed by TVG, the
airline”s main trade union. But with various aircraft grounded in the
US and creditors at the door nothing is certain. In the meantime
Brazil”s other airlines are hanging around like vultures (and who can
blame them). Should Brazil win the World Cup Varig, as the team”s
official sponsor, would be hard pressed to bring the victorious 11
home. (plus a mass of hangers on ” Brazilians traditionally travel in
numbers). The carrier has indefinitely suspended services to ten
cities including New York, Paris, Los Angeles and Milan. London, for
the time being, remains.
http://www.varig.co.uk