RG has posted a Q3 profit. Did a search on the words Varig, Brasil, Brazil and RG and notihng came up, so here you go:
"Brazil's flagship airline, Varig, on Friday posted its first quarterly profit in years as it carried more passengers.
Heavily-indebted Viacao Aerea Rio-Grandense (Varig) had a net profit of BRL262 million reais (USD$95.8 million) in the third quarter, compared with a loss of 243 million (USD$88.8 million) in the same period of 2003.
Between January and September, it accumulated a loss of 305 million (USD$111.5 million), which is 43 percent lower that in the same months of last year.
Net revenues in the third quarter rose to 2 billion (USD$731 million) from 1.6 billion (USD$584.8 million) a year earlier, while in the first nine months of this year they totaled 6.2 billion (USD$2.27 billion), nearly 27 percent more than in the same time in 2003."....
Nice to see Latin Airlines finally turning around after years of crisis!