Air Transport World

Brazil's National Economic.(Brief Article)

Varig is negotiating a $410 million loan with Brazil's National Economic and Social Development Bank as part of a plan to restructure its $1.6 billion debt, of which $1.1 billion is owed to international creditors While BNDES is being called in to help the airline with its domestic debt, Bankers Trust is working on restructuring the international debt. …

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