BNET Industries

Varig S.A.

VAGV4 is in the Transportation Industry

Last Fiscal Year Sales:$2.9B
  • Public
  • BR
Dow Jones Description

Air Transportation

Number of Employees 12,264
Contact Information

Rua 18 de Novembro nr 800 Navegantes

Sao Joao

Porto Alegre 90240 040

www.varig.com.b...

(55) 51 3358 7039

NAICS Code Scheduled Freight Air Transportation: 481112

News & Analysis

varig s.a. and vasp - All News and Analysis

  • Vasp worries Sao Paulo government; Varig and TAP negotiate code share deal.

    - 2004-06-09

    Brazil, Jun 9, 2004 (O Estado de Sao Paulo/SABI via COMTEX) The government of the state of Sao Paulo, minority shareholder (4%) of the air transportation company Vasp, is worried about the situation of the company. Vasp, that has been registering an increasing number of...

    Tags: Varig S.A., Vasp

  • Vasp to outline new strategy.

    - 2003-02-14

    Brazil, Feb 14, 2003 (Gazeta Mercantil/SABI via COMTEX) The Brazilian airline company Vasp is to outline a strategy to face the upcoming competition as the segment players are merging. Varig is to merge with TAM and Gol will enter a partnership with AIG group. The...

    Tags: Varig S.A., Vasp

  • Varig reduces level of services; airline segment grows 0,9% in 2002.

    - 2003-01-07

    Brazil, Jan 7, 2003 (O Globo/SABI via COMTEX) The financial difficulties faced by the Brazilian airline company Varig may be noticed through the services rendered. According to DAC Departamento de Aviacao Civil, which has an index to classify the operating efficiency of the airline...

    Tags: Varig S.A., Vasp

  • Vasp loses market share in domestic flights.

    - 2002-12-09

    Brazil, Dec 9, 2002 (Gazeta Mercantil/SABI via COMTEX) The Brazilian airline company Vasp registered in November 2002 the smallest occupancy rate over the past years. Such rate totaled 45% and the number of clients dropped 25% comparing to November 2001. It led the company...

    Tags: Varig S.A., Vasp

  • War between Varig and Vasp.

    - 2002-01-11

    Brazil, Jan 10, 2002 The war between Varig and Vasp in the Brazilian cargo transportation market heated up after the appointment of Jose Carlos Rocha Lima as chairman of Varig Log. Mr. Lima left Vasp' office where it remained for three years. International competitors...

    Tags: Varig S.A., Vasp

  • Brazil: Vasp returns aircrafts and register profits.

    - 2000-10-20

    The Brazilian air transportation company Vasp reversed the losses registered in 1999 first half from R$152.9mil to profits of R$94.7mil. The result was helped by non-operational gains of R$390.8mil proceeding from credits registered under the return of MD-11 aircrafts. Before the addional income, Varig registered an...

    Tags: Varig S.A., Vasp

  • Brazil: Infraero negotiates pending credits with airlines.

    - 2000-03-22

    The three Brazilian biggest airline companies renegotiated a debt of R$227mil with Infraero, airport facilities management company. The Varig, Vasp, and Transbrasil's debts will be paid in 48 months. Last year (1999), Vasp incurred in a debt of R$80mil, Varig incurred in a debt of R$101mil,...

    Tags: Varig S.A., Vasp

Decision Makers

Name (plus bio) Position
Carlos Luiz Martins Pereira e Souza CEO
Carlos Lopes Chief Control Officer
Alberto Fajerman Vice President, Commercial Operations
Luiz Fernando Gusmao Wellisch Vice President, Finance
Faustino Albano Periera Director, Marketing
Jose Dolabela Portela Director, Customer Service
Marcelo W. Bottini Director, Sales
Ricardo Jose Bullara Controller & Director, Investor Relations
Elane Valentim Manager, Investor Relations

Board of Directors

Name (plus bio) Position
Joaquim Fernandes dos Santos Chairman
Aguinaldo Junqueira Filho Board of Directors
Eduardo Nascimento Araujo Board of Directors
Fernando Tigre de Barros Rodrigues Board of Directors
Gesner Jose Oliveira Filho Board of Directors
Harro Fouquet Board of Directors
Ingo Ploger Board of Directors
Jorge Luiz Gouvea Vice Chairman
Lino Pereira Board of Directors
Nelson de Sampaio Bastos Board of Directors
Paulo Pavarini Board of Directors
Reynaldo Vilardo Aloy Board of Directors
Victorio Fernando Bhering Cabral Board of Directors
Waldir Luiz Correa Board of Directors

Organization Position Status
Varig S.A. CEO Current
Varig S.A. Executive Vice President Former

Organization Position Status
Varig S.A. Chief Control Officer Current

Organization Position Status
Varig S.A. Vice President, Commercial Operations Current

Organization Position Status
Varig S.A. Vice President, Finance Current

Organization Position Status
Varig S.A. Director, Marketing Current

Organization Position Status
Varig S.A. Director, Customer Service Current

Organization Position Status
Varig S.A. Director, Sales Current

Organization Position Status
Varig S.A. Controller & Director, Investor Relations Current
Varig S.A. Controller & Director, Investor Relations Former

Organization Position Status
Varig S.A. Manager, Investor Relations Current

Organization Position Status
Varig S.A. Chairman Current
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Vice Chairman Current
Varig S.A. Vice Chairman Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current

Organization Position Status
Varig S.A. Board of Directors Current
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