VARIG (Viacao Aerea Rio-Grandese)

♦ Varig was founded on 07May1927 by Otto Ernst Meyer-Labastille. Operations started on 22Jun1927 and international operations commenced on 02Aug1955 The airline expanded by the acquisition of AERO GERAL in 1951. Acquired REAL Consortium in 1961 making it largest airline in South America. Acquired CRUZEIRO do SUL in 1975. On 28Jan2000, all cargo operations were united under a new airline named VarigLog. In 2005, Varig went into judicial re-organisation, and in 2006 it was split into two companies informally known as “old” Varig, heir to the original airline, ceased operations on 20Jul2006 and is now defunct, and “new” Varig, a new company fully integrated into Gol Airlines
< international and regional passenger and cargo airline that was the flag carrier of Brazil > ♦