Gol Transportes Aéreos
At the time of the auction, the assets of VRG Linhas Aéreas comprised the brands Varig and Rio Sul, Varig's route rights, all aircraft but one and the Smiles mileage program. VRG Linhas Aéreas was bought by VarigLog. On 28 March 2007 VarigLog sold "new Varig" to Gol Transportes Aéreos, which presently operates the brand Varig and retains but does not operate the brand Rio Sul.