Update 2: Brazil Seeks Airline Debt Payment Plan
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The government on Thursday extended the operating concession of financially troubled airline Vasp for another six months after the airline delivered a debt payment plan, the defense ministry said in a statement.
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More than 90 people in Brazil face possible charges after a two-year inquiry into money laundering.
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Brazil and Peru have announced a Â£363m plan for a highway to link Brazil&#39;s Amazon basin to the Pacific, raising concerns about further devastation in the rainforest.
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CHICAGO Sept. 17, 2004 - Struggling to put together a new bankruptcy exit plan, United Airlines said Friday it is in talks with its unions about the need for an additional $500 million in cost cuts.
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Brazil&#39;s Ministry of Foreign Relations is commemorating two World Trade Organization decisions that were favorable to Brazil. The decisions, which are now official, concerned EU and US subsidies on sugar and cotton, repectively.
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SAO PAULO, Brazil  - Brazilian airline Gol said on Friday it was trying to locate a passenger plane that disappeared from the radar and failed to arrive at its destination.
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Brazil's government has played down claims that it is about to step in to save flagship airline Varig as it battles huge debts.
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An international air traffic controllers' group said on Monday foreign experts should intervene to fix Brazil's chaotic air travel system, which the government has struggled to remedy for almost a year.
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Brazilian media giant Globo has reached a tentative agreement with creditors on terms of a deal to restructure US$1.3 billion of debt it racked up during the 1990s.
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Archrivals Real Madrid and Barcelona are to club together to pay nearly $150,000 for a private jet to ensure their Brazilian players arrive back early from World Cup duty to prepare for this weekend's league ...
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United Airlines, the bankrupt carrier, yesterday made its first progress in efforts to achieve a second round of labour cost cuts when it said it had reached a tentative agreement
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The company's Q2 earnings beat estimates, but Brazilian legal problems continue.
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Brazil's president promises to spend $270m creating new reservations for indigenous groups in the Amazon.
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Brazil's leader promises to improve air safety, after Sao Paulo's air crash that killed nearly 200 people.
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: United Airlines has begun reaching out to potential lenders with its revamped business plan for financing to leave bankruptcy, the company said on Friday.
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Brazil charges two US pilots with endangering air safety over the country's worst aviation disaster.
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ATLANTA -- Delta Air Lines Inc. is considering exchanging some of its debt, possibly for equity in the company, as part of a larger effort to avoid bankruptcy.