Varig from Varig, its subsidiaries, and its Star Alliance partners including flights, upgrades, holidays, hotel stays and car rentals. Smiles was part of the "new Varig" package bought by Gol Airlines. All miles were honored and eventually Smiles became Gol's own Frequent Flyer program. , Aviation Safety Network reports 39 accidents or incidents for Varig since . Varig VARIG (acronym for Viação Aérea RIo-Grandense, "Rio Grandean Airways") was the first airline founded in Brazil, in 1927. From 1965 until 1990, it was Brazil's leading airline, and virtually its only international one. In 2005, Varig went into judicial re-organisation, and in 2006
History of American Airlines a great company that does important work. But airlines are not an investment.'" Crandall noted that since airline deregulation of the 1970s, 150 airlines had gone out of business. "A lot of people came into the airline business. Most of them promptly exited, minus their money", he said. Miami International Airport became a hub after American Airlines bought Central and South American routes ("El Interamericano") from Eastern Air Lines in 1990 (inherited from Braniff International Airways but originated by Pan American-Grace Airways which was known as Panagra). Through the 1990s, American Airlines expanded its network in Latin America to become