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VARIG AIRLINE MADE THE PURCHASE OF AIRCRAFT EMBRAER







Brazilian airline Varig,

which was sold last month to avoid falling into bankruptcy, said it could complete an order for a new credit line to buy aircraft manufactured by Embraer.

The state development bank (BNDES) said it would offer a special credit line for domestic airlines that want to buy passenger aircraft manufactured by the Brazilian Embraer, the fourth largest manufacturer of passenger aircraft.

VarigLog, the cargo airline Varig bought in July for $ 24 million, said it would seek up to 2,000 million dollars in financing from BNDES to purchase 50 passenger aircraft to Embraer. "I dream of buying Embraer jets," said Marco Antonio Audi, president of VarigLog.

VarigLog said Audi was already in talks with Embraer and Airbus to enlarge the fleet of Varig, which currently has 10 aircraft. The executive explained that the Embraer jets would be used for domestic routes and international flights Airbus. Added

VarigLog was negotiating further loans to other banks as well as the BNDES, which charges less interest than private banks.
Demian Fiocca, President of BNDES, said the bank would finance up to 85 percent of the cost of each plane.
"Since last year, we have been working with Brazilian airline and aviation industry to create lines of credit and financial instruments to encourage airlines to invest in aircraft manufactured in Brazil," said Fiocca.

Fiocca said the development bank, known as BNDES, could finance up to 85 percent of the total cost of the aircraft. No one was immediately Embraer available for comment on the new line of credit.

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incredible rates from COLOMBIA TO SPAIN VIA Avianca Avianca






Avianca is announcing a superpromoción for frequent travelers to Madrid.

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ANNOUNCES THE ARRIVAL AND DEPARTURE OF ALL FLIGHTS FROM THE AIR BRIDGE

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FOR TICKETS ISSUED IN COLOMBIA FOR USE IN THE UNITED STATES TAXES ARE CHARGED OUT EACH OF THE COUNTRIES







Given the demands of the United States authorities, regarding the collection and payment of taxes and out of North American territory and

resolution 785 of March 4, 2004

issued by the International Air Transportation IATA Association and to facilitate care in the modules in the territory of North American airports defines the following procedure: For tickets issued in Colombia, from August 15, 2006, bound for U.S. These include input and output taxes in the country and charges and fees imposed by the North American government is collecting them strictly required at the point of sale, keeping all the conditions currently set for the submission and payment for sales reports.

is important that at the time of ticket issuance and sale of you as a client to consider who is paying a value which included the input and output tax, and fees imposed by the United States government as established by the resolution 724 B, issued by IATA, which states:
"The ticket price includes taxes, fees and charges which are set by air transport required by government authorities. These taxes, fees or charges, which represent a significant portion of the cost of air transport can be included in the fare or shown separately in the box on the ticket.