Unresolved Labor Issues Cloud Future Of New Varig In Brazil

The absence of a collective labor contract with New Varig could send Old Varig into bankruptcy because labor liabilities grow with successive fines for delinquent payments, which could have dire consequences for New Varig, said attorney Fabio Carvalho. New Varig met with the former airline's unions...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.