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AIRLINES BRAZIL VARIG
RTR1FODR
July 20, 2006
Luis Alberto Fiorri (L), partner of consultant group Deloitte, Joao Luis Bernardes (2nd L), president...
Rio De Janeiro, Brazil
Hammer struck during the auction of Varig in Rio de Janeiro
Luis Alberto Fiorri (L), partner of consultant group Deloitte, Joao Luis Bernardes (2nd L), president of the Varig Log company, Marcelo Bottini (2nd R), chief executive of Varig and Carlos Barros, auctioneer, strike the hammer during the auction of Brazilian airline Varig at Santos Dumont airport in Rio de Janeiro July 20, 2006. Varig, once Latin America's largest carrier, was sold at auction on Thursday to a local investment fund for $24 million, saving it from collapse for now. REUTERS/Bruno Domingos (BRAZIL)
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