Varig 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 it was split into two companies – Flex Linhas Aéreas, informally known as "old" Varig, heir to the original airline and now defunct, and "new" Varig, a new company fully integrated into Gol Airlines. "Sociedade Anônima Empresa de Viação Aérea Rio-Grandense – VARIG" was the first national airline established in Brazil. It was founded on in
Indigo Airlines (American airline) alternatives to regular airline travel. The company was the originator of two new categories of corporate jet air travel service: per seat, high frequency and the public or commercial corporate jet. Indigo priced its service between its first city pair Chicago and New York City close to a so-called unrestricted coach class fare. The venture was backed by the American Express Corporation, which owned approximately 12% of Indigo's capital structure. Former American Express CEO Harvey Golub, now Chairman of Sentient Jet, led the Indigo investment and marketing agreement. Indigo's inventory was marketed and sold through American Express' Travel Related Services