GOL, Brazil’s largest domestic airline, has expanded its fleet with the delivery of two new Boeing 737-8 aircraft. The aircraft, identified by serials 44032 and 44033, are powered by LEAP-1B engines, known for their advanced fuel efficiency and environmental performance.
BBAM, a leading aircraft leasing company based in the United States, has leased a Boeing 737-800BCF (Boeing Converted Freighter), identified by serial 30696, to GOL (Brazil). This freighter will be used by GOL to support logistics operations for Mercado Libre, one of Brazil’s largest e-commerce platforms.
GOL, a leading Brazilian airline, has filed as a debtor seeking court approval to amend and extend the lease agreement for a Boeing 737-800, identified by serial number 36925. The lease, originally with Eos Aviation 4 (Ireland) as the lessor and managed by Merx Aviation Servicing (Ireland), is undergoing changes to better align with GOL’s operational and financial strategies.
GOL, one of Brazil’s leading airlines, has expanded its fleet with the addition of a new Boeing B737-8 aircraft. The aircraft, identified by serial number 44025, is equipped with state-of-the-art LEAP-1B engines, a product of CFM International, renowned for their fuel efficiency and reduced environmental impact.
GOL Linhas Aéreas Inteligentes (Brazil) has announced its intention to file a Chapter 11 plan of reorganization, marking a significant step in its financial restructuring efforts. The plan is aimed at deleveraging its balance sheet, extinguishing up to $1.7 billion of prepetition funded debt and $850 million in other obligations, enabling the airline to strengthen its financial foundation.
GOL Linhas Aéreas Inteligentes (Brazil) has entered into two sale-leaseback agreements with SKY Aero Management (Ireland) for three Boeing 737 MAX 8 aircraft. This strategic move is part of GOL’s fleet optimization and financing strategy, leveraging sale-leaseback arrangements to maintain operational flexibility and liquidity.
GOL Linhas Aéreas, Brazil’s largest low-cost airline, has reached a significant agreement to reduce its liabilities to the Brazilian government by $750 million, cutting the total amount owed to $250 million. This development marks a crucial step in the airline’s efforts to secure a stable financial future and emerge successfully from bankruptcy proceedings.
GOL Linhas Aéreas (Brazil) is set to strengthen its fleet with the addition of three new Boeing B737 MAX aircraft, identified by serials 44032, 44025, and 44033. These aircraft are being delivered directly from the Boeing manufacturing facilities in the United States, increasing GOL’s MAX fleet to 52 aircraft.
GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.
GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…
