page_title: VASP
section_title: History
hierarchical_section_title: VASP / History
caption_attribution_description: English: Vickers Viscount 701 PP-SRN of VASP at Sao Paulo Marte airfield in 1975
context_page_description: Viação Aérea São Paulo S/A, better known as VASP was an airline with its head office in the VASP Building on the grounds of São Paulo–Congonhas Airport in São Paulo, Brazil. It had main bases at São Paulo's two major airports, Congonhas Airport and Guarulhos International Airport.
context_section_description: The airline was established on 4 November 1933 by the state government of São Paulo and started operations on 12 November 1933. VASP was the first airline to serve the interior of the state of São Paulo (São Paulo-São Carlos-São José do Rio Preto and São Paulo-Ribeirão Preto-Uberaba), with two Monospar ST-4. At the start of the 1930s, it was the only carrier to operate with land planes in their service area. At the time this was a real exploit due to the lack of adequate non-coastal airports. Many landing strips were improvised in flat pastures. This insistence on using only land planes led to the building in 1936 of one of the country's most important airports, Congonhas, located in the city of São Paulo, far from the coast. During its early years, Congonhas Airport was popularly known as Campo da VASP ("VASP's airfield").
  In 1939, VASP bought Aerolloyd Iguassu, which included also a license to operate flights to the states of Paraná and Santa Catarina. In 1962, VASP became a national airline when it  acquired Lóide Aéreo Nacional, and with it its license to operate nationwide.
  On 6 July 1959, VASP, Cruzeiro do Sul and Varig initiated the air shuttle services between Rio de Janeiro-Santos Dumont and São Paulo-Congonhas airports, the first of its kind in the world. The three companies coordinated their schedules, operations, and shared revenue. The service was a direct response to the competition imposed by Real Transportes Aéreos. The idea, baptized as Air bridge (Ponte Aérea in Portuguese), inspired on the Berlin Airlift was so successful that it was abandoned only in 1999. Flights operated on an hourly basis initially by Convair 240 (Varig), Convair 340 (Cruzeiro) and Saab 90 Scandia (VASP). In a matter of a few months the shuttle service led by Varig won the battle against Real, which was anyway bought by Varig in 1961. Sadia Transportes Aéreos joined the service in 1968. Between 1975 and 1992 it was operated exclusively by Varig's Lockheed L-188 Electra which for sometime and for the sake of neutrality did not have the name Varig on the fuselage.
  Although it had been remarkably well-run for most of its life as a state-owned company, by the 1980s VASP was being plagued by inefficiency, losses covered by state capital injections, and a bloated payroll for political reasons. Under the Brazilian government's neoliberal policies newly introduced at the time, VASP was privatized in 1990. A majority stake was bought by the VOE/Canhedo Group, a company formed by the Canhedo Group of Brasília and VASP employees.
  Under the command of its new owner and president, Wagner Canhedo, VASP quickly expanded operations in the country, and created international routes. Until VASP's entry into the international market, Varig had, for all intents and purposes, been Brazil's sole international airline since 1965. However, after many years of mismanagement, financial losses, soaring debt and bad credit, in 2002 it cancelled all of its international operations to concentrate in the domestic market. By that time, VASP had plummeted from the second to the fourth position in the Brazilian airline market, flying an aging fleet of Boeing 737s (most of them of the obsolete −200 series) and Airbus A300s.
  The company faced its worst crisis in 2004, which led to the suspension of service to many Brazilian cities and the cancellation of flights. As a result, VASP – once a proud, competitive airline – had its domestic market share reduced to 10%. On 27 January 2005, Brazil's then civil aviation regulator, DAC, grounded the airline from operating scheduled services pending a financial investigation. VASP was allowed to operate charter services until April 2005, giving it a chance to prove its financial stability in order to retain its air operator certificate.
  By December 2007, the once-proud company had stopped flying altogether, and was reduced to providing maintenance services to other airlines. Even during the worst of VASP's troubles, its maintenance expertise and personnel had always been held in high regard. It had been operating under the new B
caption: VASP Vickers Viscount turboprop airliner
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