Hentzz From Estonia, joined Mar 2006, 23 posts, RR: 0
Reply 2, posted (9 years 5 months 6 days 9 hours ago) and read 1605 times:
It seems that the long story of an historic airline has come to an end! R.I.P.
For other south american airlines it is definitely very good.
How long would it take for TAM and GOL to take over all of VARIG's service?
Would there be over-demand in the beginning?
JJMNGR From Brazil, joined May 2004, 1018 posts, RR: 14
Reply 3, posted (9 years 5 months 5 days 10 hours ago) and read 1386 times:
Sources says that the domestic market is today less than 15% of market share and this market can be absorbed immediately.
On intl. market VARIG has less than 20% now and it won't be a disaster for the market. TAM and GOL will have to run fast in order not to let intl. carriers to absorb this demand.
9252fly From Canada, joined Sep 2005, 1415 posts, RR: 0
Reply 7, posted (9 years 5 months 5 days 7 hours ago) and read 1242 times:
If RG does indeed stop operating as an airline,I for one see a great loss to aviation. They are just a shell of what was once a great airline,it's terribly sad to see. I do hope that once the end comes,that their name is never misused like Pam Am's.
LipeGIG From Brazil, joined May 2005, 11496 posts, RR: 57
Reply 8, posted (9 years 5 months 5 days 6 hours ago) and read 1205 times:
Quoting Commavia (Reply 4): What about that Russian investor?
Is that deal a no-go as well?
Does this, indeed, mean the end for VARIG?
And if so, when will we know for sure?
Probably we will receive decisive news on monday. In a meeting with creditors, Varig will decide their future. The government also has the objective to sell RG domestic operations for about US$ 200 to 700 million in order to increase capital on international operations.
New York + Rio de Janeiro = One of the best combinations !