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
South Airlines 13 air disaster in Donetsk), with types of them being Antonov An-24RV, Embraer EMB-500, Saab 340B and Yakovlev Yak-42. The South Airlines fleet consisted of the following aircraft (as of December 2012): South Airlines South Airlines (, ) was a charter airline based in Odessa, Ukraine. The airline was registered in 1999 in Odessa, Ukraine. In 2000 the company was certified by the State Aviation Service of Ukraine. South Airlines operated scheduled and charter flights. In the beginning the company operate with 6 types of airplanes: Antonov An-24, Antonov An-30, Antonov An-140, Yakovlev Yak-40, Let L-410 Turbolet and Tupolev Tu-134.