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Principal Letter of Intent signed between St. Maarten and Varig Linhas Areas.

royRio de Janeiro/Philipsburg:--- Commissioner of Tourism, Mr. Roy Marlin and Tarcisio Gargioni, V.P. Marketing and Services for VRG Linhas Aereas S.A. in Brazil signed a Principal Letter of Intent for the latter to operate an extension of their Sao Paulo to Caracas flight to St. Maarten at the ABAV trade fair in Rio de Janeiro, Brazil. The vision of the Island Government of St. Maarten, as further depicted in the Policy Documents, (Tourism Master Plan) is to further diversify the Tourism Market by developing and penetrating the Brazilian Market. And considering, this would be accomplished by seeking scheduled (charter) airlift to this destination, which begun a few years ago with charter service. All stakeholders are further interested in increasing St. Maarten's market share by further attracting more South Americans in general and Brazilian as well as Venezuelan visitors in particular. St. Maarten Tourism Stakeholders led by the Commissioner of Tourism, Mr. Roy Marlin and the representative of Varig Marketing and Services, Mr. Tarcisio Gargioni further agree to seek approval from the necessary authorities, i.e. the Executive Council of St. Maarten, other regulatory agencies and Varig Lineas Aereas S.A. to solidify this protocol for Varig Linhas Aereas S.A. and operate these flights as an extension of Flight number 8942 which services Services Sao Paulo/Caracas. VRG Linhas Aereas S.A. operatiing as Varig is the Brazilian flag carrier airline owned by Gol Linhas Aereas Inteligentes. As of May 2008, VARIG held 7,97% of the Brazilian domestic market and 16,68% of the international market. Varig has fleet size of 28 Boeing 737 aircrafts and services 18 destinations. Gol Transportes AĆ©reos is based in Sao Paulo, Brazil. Gol is the second largest airline in Brazil with 38.6% of the Brazilian domestic market and 12.2% of the international market of flights from and to Brazil.
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