The story
Meridional was founded in 1944 and on October 4, 1945, started operating regular flights within the states of Rio de Janeiro and Espírito Santo. On December 19, 1945, one of its aircraft crashed killing all occupants, including the pilot and owner of the airline Álvaro Araújo. Months later, in March 1946, the airline declared bankruptcy.
From Wikipedia’s article on Companhia Meridional de Transportes, shared under CC BY-SA 4.0.3