Slo-mo contagion
pms
laflame at aaahawk.com
Thu Jun 13 00:17:00 PDT 2002
And btw, our airlines are going fastly to bankrupcy. Varig had US$300
million
-losses last years, while Transbrasil stopped its activities 6 months ago.
At
-least two commuter companies also went bankrupt and the remaining ones are
-doing badly. To make things worse they embarked in a tariff war, with the
-coming of a new low fare company. Good for consumers...for now, but it can
-be the final nail in the airlines´s coffin.....
Alexandre Fenelon
Hello Alexandre. Please more news from your area. BTW, is the new low-cost
airline a Brazilian company or foriegn competition?
More information about the lbo-talk
mailing list