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?



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