Rio Sul Serviços Aéreos Regionais

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Rio Sul Serviços Aéreos Regionais
Riosul-airlines-logo.png
IATA
SL
ICAO
RSL
Callsign
Rio Sul
Founded 1976
Ceased operations 2002
Hubs Congonhas Domestic Airport
Salgado Filho Int'l Airport
Santos Dumont Airport
Frequent-flyer program Smiles
Fleet size 10
Headquarters Rio de Janeiro, Brazil
Website voeriosul.com.br
rio-sul.com/home.htm

Rio Sul Serviços Aéreos Regionais was a regional airline headquartered in Rio de Janeiro, Brazil,[1] operating scheduled services to southern Brazil. Its main base was Congonhas Domestic Airport (CGH), São Paulo, with hubs at Porto Alegre Airport (POA) and Santos Dumont Airport, Rio de Janeiro.

History[edit]

A Rio-Sul Boeing 737-500 at Recife Airport in 1998

On November 11, 1975 the Brazilian Federal Government created the Brazilian Integrated System of Regional Air Transportation and divided the country in five different regions, for which five newly created regional airlines received a concession to operate air services. RIO-SUL Serviços Aéreos Regionais S/A was the fourth of those regional airlines to be made operational.[2] Founded on August 24, 1976,[1] Rio Sul had its services start on September 8, 1976. Its operational area comprised roughly the Southern and parts of the Southeast regions of Brazil, specifically the states of Rio Grande do Sul, Santa Catarina, Paraná, Rio de Janeiro, and parts of São Paulo, and Espírito Santo.[2]

The airline was originally formed by Top Táxi Aéreo, Bradesco Bank, Atlântica-Boavista Insurance, and Varig.

In 1992 the National Conference of Civil Aviation abolished the geographical division of the country and allowed further expansion in national and regional routes, prompting Rio Sul to acquire Nordeste Linhas Aéreas Regionais in 1995. It was then owned by Varig Participações em Transportes Aéreos (VPTA).

In 2002 the administration of Rio Sul (which included its former subsidiary Nordeste) were merged with Varig. The brand Rio Sul was part of the assets sold as VRG Linhas Aéreas although its debts remained under the judicial entity Viação Aérea Rio-Grandense, which uses the brand name Flex Linhas Aéreas. As a result of accumulated debts around BRL10 billion (USD5,7 billion, EUR4,5 billion), on August 20, 2010, at the request of the administrator, the 1st Business Court of Rio de Janeiro declared Flex, which included remaining assets of Rio-Sul, bankrupt and initiated the process of liquidation.[3][4]

Services[edit]

Rio Sul Serviços Aéreos Regionais operated services to the following scheduled domestic destinations (at January 2005): Caxias do Sul, Belo Horizonte, Brasília, Londrina, Maringá, Passo Fundo, São Paulo and Vitória.

Fleet[edit]

The Rio Sul Serviços Aéreos Regionais fleet consisted, at June 2005, of the following aircraft:

References[edit]

  1. ^ a b "World Airline Directory." Flight International. March 30, 1985. 112." Retrieved on July 23, 2009.
  2. ^ a b Garófalo, Gílson de Lima (1982). O Mercado Brasileiro de Transporte Aéreo Regional (in Portuguese). São Paulo: Instituto de Pesquisas Econômicas. pp. 103–107, 125–128. 
  3. ^ "Justiça decreta falência da Flex, antiga Varig" (in Portuguese). O Estado de São Paulo. 20 August 2010. Retrieved 20 August 2010. 
  4. ^ Laguna, Eduardo (20 August 2010). "Justiça do Rio decreta a falência da antiga Varig" (in Portuguese). Valor Online. Retrieved 24 August 2010. 

Bibliography[edit]

  • Beting, Gianfranco; Beting, Joelmir (2009). Varig: Eterna Pioneira. Porto Alegre and São Paulo: EDIPUCRS and Beting Books. ISBN 978-85-7430-901-9. 

External links[edit]