Seen it in many russian publications:

http://www.kommersant.com/page.asp?idr=529&id=-8562

Berezovsky, who already finances Corintians FC, apperently put a bid in VARIG as well. Despite the allegations that most of the oligarchs riches were ill-gotten after privatization of russian economy, I think Berezovsky and the likes (Abramovich is another example that comes to mind) are seasoned bisnessmen, and could do some good. Thats IF his intentions are targeted for a long term growth. Worst case: Airline is bought, and after short time sold in parts to extract profit.

[Edited 2006-05-06 19:13:32]

[Edited 2006-05-06 19:31:23]