Does Red Skull die at the end of Captain America?
At the end of Captain America: The First Avenger (directed by Joe Johnston with Chris Evans in the titular role) you see Red Skull (Hugo Weaving) holding the Tesseract after being hit by Captain America's shield. This causes it to start glowing and Red Skull seems to dissolve into white light.
Does he die or was he merely transported to some distant place so he can return in another movie?
Dead. Absolutely dead. So dead there's not even a body. No one could survive that. He's dead, Jim. Really, really dead. The popular villain will never return. Warning: TVTropes links. You take your time into your own hands.
Before seeing the movie, I'd heard how Red Skull died at the end. But from the effects and the sceneing, I figured the same thing - that he was transported, not killed.
Ivo, this has now been definitively answered by the latest movie. You might want to consider updating your selected answer.
We finally learn this answer in Avengers: Infinity War. Red Skull is shown to have ended up on Vormir where the Soul Stone is located. He says that he attempted to acquire the Soul Stone, but doing so required the sacrifice of someone you love. Having no one he could sacrifice, he ended up as a guide for others trying the same path.
Thanos: How is it you know this place so well?
Red Skull: A lifetime ago, I, too, sought the stones. I even held one in my hand. But it cast me out, banished me here. Guiding others to a treasure I cannot possess. What you seek lies before you. As does what you fear.
Thanos: What's this?
Red Skull: The price. Soul hold a special place among the Infinity Stones. You might say it has a certain wisdom.
Thanos: Tell me what it needs.
Red Skull: To ensure that whoever possesses it... Understands its power... The stone demands a sacrifice.
Thanos: Of what?
Red Skull: In order to take the stone you must lose that which you love. A soul...For a soul.
Avengers: Infinity War
Which is absolutely hilarious when you look at the previous answers and nerd rage about him having survived. Granted, it was most plausibly retconned, but still HAH.