Aerovias Brasil Aerovias Brasil Empresa de Transportes Aéreos Aerovias Brasil S/A was a Brazilian airline founded in 1942. It was merged into Varig in 1961, when Varig bought the Consórcio Real-Aerovias-Nacional, of which Aerovias Brasil was one of the partners. Aerovias Brasil was founded on August 26, 1942, as part of an ambitious project of TACA Airlines: the creation of one national airline in each Latin American country. Therefore, two of the shareholders of Taca had 66.6% of the shares whereas 33.4% belonged to 29 Brazilian share-holders being the brothers Oscar and Roberto Taves the most important. Later, the brothers would leave
History of American Airlines world, with bondholders of American Airlines parent AMR owning 72% of the new company and US Airways shareholders owning the remaining 28%. The combined airline would carry the American Airlines name and branding, while US Airways' management team, including CEO Doug Parker, would retain most operational management positions, and the headquarters would be consolidated at American's current headquarters in Fort Worth, Texas. The merger would create the world's largest airline, which, along with United Airlines and Delta Air Lines, would control three-quarters of the U.S. market. Bankruptcy judge Sean Lane approved the merger in March while refusing to approve American