Independent journal on economy and transport policy
19:13 GMT+2
LLOYDBRAS LOSSES KEEP ON GROWING
(Fairplay)
September 4, 1997
Lloyd Brasileiro, the Brazilian liner company which has been in the process of dying since January 12, 1996, is still generating losses for its owner, the government. It has just been revealed that the company suffered a loss of $80m in 1996, pushing the accumulated deficit to $700m. The fleet is laid up in Guanabara Bay, near Rio de Janeiro, and the few ...... Read more on Fairplay
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