Even here in Brazil, is almost impossible to know the truth about this merger... Varig is getting better, the prejudice this year is 74% less than in 2002. Varig's fleet got smaller, and stopped some routes inside Brazil (just a few)... TAM's situation had always been better than Varig's, this year is the same...
But, the situation of both airlines just got better due to the merger that was about to happen. If it wasn't the merger, probably the situation wouldn't be this.
And everything is confused here. The airlines say something, the government say another, and nothing is confirmed. I hope that this merger get read, but I'm not sure about it...
This week was an article in "REVISTA VEJA", the most famous magazine in Brazil, about Varig's situation. The main point in the article, is that Varig's situation just got better due to the code-share.