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June 20, 2006 [LINK]
Brazilian airline in peril
Varig, the leading international airline of Brazil, is in dire financial straits and over half of its planes are out of operation for want of maintenance. The private firm (actually, a non-profit foundation) declared bankruptcy a year ago and has asked for a government bailout, but the leftist government is not sympathetic. The airline workers' union has joined with private investors in seeking to buy out the firm, but details remain to be worked out. A judge has accepted the proposed sales terms in the bankruptcy hearings, but set Friday as a deadline. After that, the jets and other assets go on the auction block. See BBC. As with Pan Am and other old, established airlines in the United States, Varig fell victim to low-cost upstart airlines that were not burdened by high labor costs and pension obligations.
Posted (or last updated or commented upon): 20 Jun 2006, 3: 48 PM
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Hits on this page (single blog post) since July 2, 2007: 
Category archives:
(all years)
Baseball
Politics
Latin America
War
Wild Birds
Culture & Travel
Science & Technology
This (or that) year's
blog highlights
January 7, 2006 ~ DeLay gives up majority leader post
January 12, 2006 ~ Alito withstands Dems' "torture"
January 16, 2006 ~ Michelle Bachelet wins in Chile
January 19, 2006 ~ Views on Iran's nuclear ambitions
January 24, 2006 ~ Fallout from Canada's election
January 31, 2006 ~ Second (& third) thoughts on Iran
February 1, 2006 ~ The State of the Union, 2006
February 8, 2006 ~ D.C. Council votes "yes," but...
February 18, 2006 ~ Checks and balances in wartime
February 22, 2006 ~
Neocons & Neolibs: chastened alike
February 28, 2006 ~
The Dubai Ports World uproar
March 14, 2006 ~ New D.C. baseball stadium unveiled
March 24, 2006 ~ In the footsteps of France?
April 7, 2006 ~ Immigration compromise fails
May 16, 2006 ~ Bush militarizes Mexican border
June 6, 2006 ~ Alan Garcia triumphs, once again
June 9, 2006 ~
Zarqawi: The death of a terrorist
July 3, 2006 ~
Election in Mexico: too close to call
July 5, 2006 ~ North Korea goes ballistic
July 28, 2006 ~ Garcia prepares to lead Peru, again
August 4, 2006 ~ Israel invades Hezbolland
September 6, 2006 ~ "Crunchy conservatives": for real?
September 25, 2006 ~ Nationalists thwart conservation
October 3, 2006 ~ Nationals: Year in review
October 29, 2006 ~ Virginia's marriage amendment
November 7, 2006 ~ The people render their verdict
November 8, 2006 ~ Republicans lose big time
November 9, 2006 ~ Allen concedes / Election post-mortem
November 13, 2006 ~ Toward consensus on Iraq?
December 1, 2006 ~ Realism and our goals in Iraq
December 6, 2006 ~ Latin America & U.S. trade policy
December 8, 2006 ~ Iraq Study Group reports
December 22, 2006 ~ Yuletide political roundup
Blog highlights have been compiled for the years 2010-2012 thus far, and eventually will be compiled for earlier years, back to 2002.
Explanation
The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:
- Wild birds (LAST)
- War
- Science & Technology
- Politics
- Latin America
- Culture & Travel
- Canaries ("Home birds")
- Baseball (FIRST)
Also see: My blog practices.
Blog errata (Nobody's perfect.)
