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
Varig airlines, on Varig acquired a controlling interest in Cruzeiro do Sul, which was in a particularly delicate economic situation. Cruzeiro do Sul was fully integrated into VARIG on . On , the Brazilian Federal Government created the Brazilian Integrated System of Regional Air Transportation and divided the country in five different regions, for which five newly created regional airlines received a concession to operate air services. Rio-Sul Serviços Aéreos Regionais S/A was the fourth of those regional airlines to be made operational and it was established by Varig in partnership with Top Táxi Aéreo, Bradesco Bank, and Atlântica-Boavista Insurance. Its