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VARIG TO INVEST USD 100 MILLION IN VARIGLOG
BRAZIL, Brazilian airline Varig invested about USD 100 million to set up a new cargo centre, named Varig Logistica S.A. or VARIGLOG, to be used for industrial and private goods trasport. It will replace Varig Cargo. The new centre aims at becoming the world's most important point of reference for air transport in South America. Varig Cargo transported 1,1 billion tons of goods in 1999. The new company...
AVIONEWS - World Aeronautical Press Agency