GOL Linhas Aéreas, one of Brazil’s leading low-cost carriers, has reported a net loss of $260 million for the month of May 2025, underscoring continued financial strain amid ongoing macroeconomic pressures and operational challenges. The airline also posted a negative EBITDA of $119 million, further reflecting cost-revenue imbalances during the month.
GOL Linhas Aéreas, Brazil’s leading low-cost carrier, has taken delivery of a Boeing 737-800BCF (Boeing Converted Freighter), further expanding its cargo capabilities. The aircraft, bearing serial number 33551, has been leased and is powered by CFM56-7B26 engines, one of the most commonly used and reliable engine types in the 737NG family.
LATAM Brasil, the Brazilian arm of the LATAM Airlines Group, has expanded its narrowbody fleet with the delivery of an Airbus A320neo, identified by serial number 12488. The aircraft is leased and features Pratt & Whitney PW1127G-JM engines, part of the Geared Turbofan (GTF) series, renowned for improved fuel efficiency and environmental performance.
LATAM Brasil, the Brazilian arm of the LATAM Airlines Group, has taken delivery of a new Airbus A321neo, marked by manufacturer serial number 12688. The aircraft is powered by Pratt & Whitney PW1133G-JM geared turbofan engines and will support LATAM’s continued modernization and efficiency-focused growth strategy across South America.
Azul, one of Brazil’s leading airlines, has announced plans to return six additional aircraft and one engine to their respective lessors as part of its ongoing fleet restructuring strategy. With this latest move, the total number of aircraft that the airline intends to phase out now stands at 17.
LATAM Brasil and its Chilean counterpart have bolstered their respective fleets with the addition of one Airbus A320neo each. The aircraft, serials 8789 and 12558, were both delivered on lease and are powered by advanced PW1127G-JM engines.
GOL (Brazil) has successfully completed overhauls on more than 50 B737 engines in 2024, signaling a major step forward in its fleet renewal and maintenance strategy. The carrier has announced that it remains on track to return all of its aircraft to active service by the first quarter of 2026, underscoring its determination to rebuild capacity and competitiveness in the…
GOL (Brazil) has announced that following a recent capitalization initiative, its common and preferred stock is now 80%owned by its parent company, Abra Group (UK). This move consolidates Abra Group’s position as the controlling stakeholder in the Brazilian carrier, strengthening its influence over GOL’s operations and future strategy.
LATAM Brasil has taken delivery of a leased Airbus A320neo, serial 8688, featuring Pratt & Whitney PW1127G‑JMengines. This delivery strengthens the airline’s narrow-body fleet, enhancing its capacity and efficiency in domestic and regional operations.
Moody’s has recently announced a significant downgrade of the corporate family rating for Azul (Brazil), reducing it from Caa2 to Ca. This move by the rating agency reflects increasing concerns about the airline’s financial position and overall risk profile. The downgrade also extends to Azul Secured Finance and Azul Investments, underscoring the broader impact across the group’s financial entities.
