Varig services to Varig. Year-long discussions to merge Varig with TAM Airlines ended unsuccessfully in 2004 and the same year Varig fell to third place in the Brazilian domestic market share, behind TAM and Gol. VARIG applied to the Commercial Bankruptcy and Reorganization Court in Rio de Janeiro on , for the commencement of "judicial reorganization" proceedings pursuant to the New Bankruptcy and Restructuring Law of Brazil (Law 11.101). The request was granted on 22 June 2005. VARIG continued to provide services despite its financial troubles. In order to raise funds, the Bankruptcy and Reorganization Court decided to sell two of
Nationwide Airlines (South Africa) Nationwide Airlines (South Africa) Nationwide Airlines was an airline based in Lanseria, South Africa. It operated scheduled domestic and international services. Its main base was OR Tambo International Airport, Johannesburg. On 29 April 2008 the Airline halted operations. The airline was founded in 1995 by Chief executive Vernon Bricknell and began operating charter services within Africa for the United Nations and the World Food Programme, as well as ad hoc passenger and cargo charters. Domestic scheduled operations were started in December 1995 as Nationwide Airlines, which was one of four companies within the group consisting of Nationwide Air Charter, Nationwide