Airline Finance News - Latin America / Caribbean.For more airline finance news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Boeing, Varig Varig has confirmed one of its Boeing 777s The Boeing 777 is an American long-range wide-body twin-engine airliner built by Boeing Commercial Airplanes. The world's largest twinjet and commonly referred to as the Triple Seven, it can carry between 301 and 368 passengers in a three-class configuration and has a range from has been seized by lessors in JFK in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of due to nonpayment. The airline said representatives of the leasing firm seized the plane after presenting themselves to airport authorities An airport authority is an independent entity charged with the operation and oversight of an airport (or group of airports). These authorities are often governed by a group of airport commissioners, who are appointed to lead the authority by a government official. as the owner of the aircraft. The Brazilian carrier has run up millions of dollars of debt and sought bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most protection last year. Most foreign embassies in Brazil are recommending to their nationals not to use Varig. May 26, 2006 |
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