I personally cannot take anymore info/comments/discussions/argumentations on VARIG and its fate, since it´s now sealed.
However just recently I came across a document which I believe was HIGHLY confidential at the time it was prepared but is now available for anyone wishing to see WHY VARIG´S FATE IS TO GO BANKRUPT!
- they probably never even considered some of the basic actions proposed in this document!
This document " VARIG RECOVERY PLAN / OPERATIONAL RESTRUCTURING PLAN" was submitted by Lufthansa Consulting on Sep, 9th 2005 to VARIG´s board of directors but apparently disregarded or ignored!
Here´s the link (mind you, its a PDF file):
That to me is a total shame because the plan makes absolute sense to me!
Anyone, it´s on to you now. Read it an enjoy it!