For 25 years VARIG held a government-granted monopoly on international flights from Brazil, serving caviar on Japanese ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Creditors of Varig, the Brazilian flag-carrying airline under creditor protection with debts of about R$8bn ($3 ...

Brazilian airline Varig, which is on the verge of bankruptcy, was acquired at auction on Thursday by VarigLog, its old cargo subsidiary, for a base price of $24 million, according to EFE news wire.

Varig, once Brazils largest airline and premier international flag carrier, has been rescued from near-extinction by the owners of its former cargo-carrying subsidiary. The new owner, Varig Logistica, ...

Brazilian airline Varig was sold at auction on Thursday to Volo do Brasil, a local investment fund, for $24 million, saving the airline from collapse, at least for now. Volo has pledged $485 million ...

A group of stunning Brazilian stewardesses from the former airline Varig are negotiating a contract with Playboy magazine for the publication of nude photographs. Sources in Rio do Janeiro from the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Varig, Brazil’s flag-carrier, comes up for auction on Thrusday in what should be the final attempt to save the ...

Three sacked air hostesses from troubled Brazilian flag carrier Varig have concluded a deal with men’s magazine Playboy to appear nude in its local edition. Three sacked female cabin crew from ...

Varig will shut down charter subsidiary Rotatur and reorganize operations at tour unit Varig Travel as part of restructuring preparatory to its merger with TAM. Several Varig Travel branch offices in ...