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
California Pacific Airlines During 2018, the company renewed their EAS contract, gained permission from San Diego County to operate commercial services, and scheduled their first routes. The airline formally began its first commercial service in November 2018, with nonstop flights between Carlsbad and a select number of destinations in the southwestern United States. California Pacific Airlines California Pacific Airlines (CP Air) is an American regional airline that is headquartered on the grounds of McClellan-Palomar Airport in Carlsbad, California. The airline was founded in 2009 by Ted Vallas. Vallas, a San Diego County businessperson from North County, had previously operated Air Resorts Airlines, wanted