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Marcelo Rochabrun

GM, facing losses in Brazil, seeks tax breaks in Sao Paulo state

Jan 22 2019

SAO PAULO General Motors Co's Brazil unit is in advanced talks with Sao Paulo state to receive tax incentives, the company told public officials and union representatives at a meeting on Tuesday, a few days after telling workers in a memo that it was losing money in the country.

Facing losses in Brazil, GM turns to Sao Paulo state for tax breaks

Jan 22 2019

SAO PAULO, Jan 22 General Motors Co's Brazil unit is in advanced talks with Sao Paulo state to receive tax incentives, the company told public officials and union representatives at a meeting on Tuesday, a few days after it said in a memo to workers that it was losing money in Brazil.

UPDATE 1-Avianca Brasil looks for capital, hires Galeazzi firm

Jan 22 2019

SAO PAULO, Jan 22 Avianca Brasil, which filed for bankruptcy protection in December, is looking for a cash injection and has hired Brazilian consulting firm Galeazzi & Associados to help in talks with investors and creditors, the airline said.

Avianca Brasil looks for capital, hires Galeazzi - sources

Jan 22 2019

SAO PAULO, Jan 22 Airline Avianca Brasil, which filed for bankruptcy protection in December, is looking for a cash injection and has hired Brazilian consulting firm Galeazzi & Associados to help it find a partner or a buyer, three sources with knowledge of the matter said.

GM warns workers in Brazil on losses, tough turnaround plan

Jan 19 2019

SAO PAULO General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday.

GM warns workers in Brazil on losses, tough turnaround plan

Jan 19 2019

SAO PAULO General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday.

GM warns workers in Brazil on losses, tough turnaround plan

Jan 19 2019

SAO PAULO, Jan 19 General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday.

Avianca Brasil's legal fight with plane leasing firms escalates

Jan 18 2019

SAO PAULO Avianca Brasil's battle with its aircraft leasing firms intensified on Friday after Brazil's aviation regulator said it would no longer ground 10 of the struggling carrier's planes and another lessor renewed its effort to repossess 10 others.

Brazil regulator moves to ground 20 percent of Avianca Brasil's fleet

Jan 17 2019

SAO PAULO Brazil's aviation regulator said on Thursday it was going to ground 10 planes operated by Avianca Brasil, 20 percent of its fleet, prompting the carrier to go to court seeking to prevent the decision being enforced.

Avianca Brasil to cut fleet, avoid plane seizures for now: lawyer

Jan 14 2019

SAO PAULO Brazilian carrier Avianca Brasil will trim its fleet and return some leased planes to owners trying to repossess them, a lawyer for the airline said on Monday.

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