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Varig Logística
Varig Logística S.A., operating as VarigLog, was a cargo airline, based in Jardim Aeroporto, Campo Belo, São Paulo, Brazil. All operations were suspended on 1 February 2012 and on 27 September 2012 it was declared bankrupt. History Varig Cargo In 1927, the original company Varig was founded, which primarily performed passenger transport, but also delivered mail as an additional income. In 1944, after the arrival of a sufficient number of new aircraft, several Junkers F 13 and Lockheed L-10s were converted into fully cargo ones to service the Pelotas-Porto Alegre route, and each of them had a payload of 880 kg. Freight traffic was soon launched to Curitiba, São Paulo and Rio de Janeiro. After the end of World War II, the Douglas C-47 Skytrain began to operate on this route three times a week, and on 27 January 1948, the first purely cargo C-47 entered Varig. Since 1948, Curtiss C-46 Commando freighters began to arrive. The mixed aircraft were also widely used, which cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo (Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo Macrometr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing 727-100
The Boeing 727 is an American Narrow-body aircraft, narrow-body airliner that was developed and produced by Boeing Commercial Airplanes. After the heavy Boeing 707, 707 quad-jet was introduced in 1958, Boeing addressed the demand for shorter flight lengths from smaller airports. On December 5, 1960, the 727 was launched with 40 orders each from United Airlines and Eastern Air Lines. The first 727-100 rolled out November 27, 1962, first flew on February 9, 1963, and entered service with Eastern on February 1, 1964. The only trijet aircraft to be produced by Boeing, the 727 is powered by Pratt & Whitney JT8D low-bypass turbofans below a T-tail, one on each side of the rear fuselage and a center one fed through an S-duct. It shares its six-abreast upper fuselage cross-section and cockpit with the 707. The long 727-100 typically carries 106 passengers in two classes over , or 129 in a single class. Launched in 1965, the stretched 727-200 flew in July 1967 and entered service wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debtor-in-possession Financing
Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress, typically during restructuring under corporate bankruptcy law (such as Chapter 11 bankruptcy in the US or CCAA in Canada). Usually, this debt is considered senior to all other debt, equity, and any other securities issued by a company — violating any ''absolute priority rule'' by placing the new financing ahead of a company's existing debts for payment. DIP financing may be used to keep a business operating until it can be sold as a going concern, if this is likely to provide a greater return to creditors than the firm's closure and a liquidation of assets. It may also give a troubled company a new start, albeit under strict conditions. In this case, "debtor in possession" financing refers to debt incurred while in bankruptcy, and "exit financing" is debt incurred upon emerging from reorganisation under bankruptcy law. Examples Two notable examples are the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arrow Air
Arrow Air was a passenger and cargo airline based in Building 712 on the grounds of Miami International Airport (MIA) in an unincorporated area of Miami-Dade County, Florida. At different times over the years, it operated over 90 weekly scheduled cargo flights, had a strong charter business and at one point operated scheduled international and domestic passenger flights. Its main base was Miami International Airport. Arrow Air ceased operations on June 29, 2010, and filed for Chapter 11 bankruptcy protection on July 1, 2010. It was then liquidated. History Californian origins Arrow Air founder George E. Batchelor was born of Native American ancestry in Shawnee, Oklahoma, in 1920. He became a pilot, and the loss of his first wife and son in a plane crash did not stop him from moving to Compton, California, in 1947 and establishing Arrow Air. The carrier established its base at Torrance Municipal Airport, Torrance, California, from where it operated Douglas DC-3s on passenger and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gol Transportes Aéreos
Gol may refer to: Places * * Gol, Gilan, a village in Gilan Province, Iran * Gol, South Khorasan, a village in South Khorasan Province, Iran * Gol, Bukan, a village in West Azerbaijan Province, Iran * Gol, Chaldoran, a village in West Azerbaijan Province, Iran * Gol, Naqadeh, a village in West Azerbaijan Province, Iran * Gol, Norway, a municipality in Buskerud * Göl, Vezirköprü, a municipality in Samsun Province, Turkey * Gol, Bhopal, a village in Madhya Pradesh, India * ''Gol'' is the Mongolian word for "river", and part of many river names, e.g. Khalkhyn Gol, Edsin Gol, Tamir gol,... People with the surname * Janusz Gol (born 1985), Polish footballer * Jean Gol (1942-1995), Belgian politician Other uses * GOL Sniper Magnum, a German sniper rifle * GOL Intelligent Airlines, a Brazilian airline company * GOL PLAY, a Spanish TV channel dedicated to football (soccer) * GOL TV, the first television network in the United States dedicated to soccer * Conway's Game of Life ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gol Linhas Aéreas Inteligentes
Gol Linhas Aéreas Inteligentes S.A ("Gol Intelligent Airlines S.A." also known as VRG Linhas Aéreas S/A) is a Brazilian low-cost airline based in Rio de Janeiro, Brazil. According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2019 Gol had 37.7% of the domestic and 3.8% of the international market shares in terms of passengers per kilometer flown, making it the largest domestic and third largest international airline in Brazil. Gol competes in Brazil and other South American countries primarily with LATAM Brasil, and Azul. It also owns the brand Varig, although now that name refers to what is informally known as the "new" Varig, founded in 2006, not to the extinct "old" Varig airline, founded in 1927. Gol operates a growing domestic and international scheduled network. Its main hubs are São Paulo–Guarulhos International Airport, Rio de Janeiro–Galeão International Airport and Tancredo Neves International Airport near Belo Horizonte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MatlinPatterson
MatlinPatterson is a distressed securities fund that participates in Distressed securities, distressed and credit opportunities on a global basis. The firm was established in 2002 as a spinout from Credit Suisse First Boston. It is headquartered in New York City and has offices in London and Hong Kong. MatlinPatterson was founded by David Matlin and Mark Patterson. MatlinPatterson, through MatlinPatterson Global Advisers, manages private equity vehicles with a distressed-for-control mandate as well as an open-ended strategy seeking non-control credit investment opportunities. MatlinPatterson is managed by co-founder David Matlin, together with Managing Partner, Peter Schoels and Michael Lipsky. Mr. Schoels has served as Managing Partner since 2009 and is also responsible for management of the illiquid investment portfolio. Mr. Lipsky, who joined the Firm in early 2011, is responsible for management of the liquid investment portfolio. Co-founder Mark Patterson serves as Chairman o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its namesake Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of over 2.3 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.6 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most import ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Miami
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida, United States. With a population of 442,241 at the 2020 United States census, 2020 census, it is the List of municipalities in Florida, second-most populous city in Florida and the eleventh-most populous city in the Southeastern United States. The Miami metropolitan area is the ninth largest in the U.S. with a population of 6.138 million in 2020. The city has the List of tallest buildings in the United States#Cities with the most skyscrapers, third-largest skyline in the U.S. with over List of tallest buildings in Miami, 300 high-rises, 58 of which exceed . Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami's metropolitan area is by far the largest urban econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manaus
Manaus () is the capital and largest city of the Brazilian state of Amazonas. It is the seventh-largest city in Brazil, with an estimated 2020 population of 2,219,580 distributed over a land area of about . Located at the east center of the state, the city is the center of the Manaus metropolitan area and the largest metropolitan area in the North Region of Brazil by urban landmass. It is situated near the confluence of the Negro and Solimões rivers. It is the only city in the Amazon Rainforest with a population over 1 million people. The city was founded in 1669 as the Fort of São José do Rio Negro. It was elevated to a town in 1832 with the name of "Manaus", an altered spelling of the indigenous Manaós peoples, and legally transformed into a city on October 24, 1848, with the name of ''Cidade da Barra do Rio Negro'', Portuguese for "The City of the Margins of the Black River". On September 4, 1856, it returned to its original name. Manaus is located in the center of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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