Varig Logística Group had acquired a controlling majority share holdings of Varig Logistica. Between June 2007 and June 2009 Varig Log maintained an operational agreement with FedEx in Brazil. Germán Efromovich (Synergy Group) gave up to buy the airline in 2011. On 3 February 2011 the company suspended its operations and on 27 September 2012 it was declared bankrupt. As of March 2011, VarigLog operated services to the following scheduled destinations: As of December 2011 the fleet of VarigLog included the following aircraft: Varig Logística Varig Logística S.A., operating as VarigLog, was a cargo airline, based in Jardim Aeroporto, Campo Belo, São
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