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
Airlines of New South Wales Airlines of New South Wales, which at the time of the Australian government's 1978 Domestic Air Policy Transport Review was one of five regional airlines operating in Australia. In 1981 the airline was renamed Air New South Wales; in March 1990 it was renamed Ansett NSW and later that year it was again re-badged as Ansett Express, which in 1993 was merged into Ansett, ending Airlines of New South Wales' history as a separate entity. In addition to providing scheduled passenger services, the airline also conducted tourist operations, with actor Steve Dodd working for it as a guide in central