Azul Linhas Aéreas, Brazil’s largest regional carrier, is pushing deeper into its Chapter 11 restructuring plan with sweeping measures designed to reset its balance sheet and stabilize operations. The airline confirmed it will return 20 aircraft, most of them older Embraer E195s already parked, while simultaneously trimming its network by exiting more than 15 cities and cutting 50 routes.
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.
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.
Abra Group, a UK-based aviation investment consortium, continues to pursue the long-anticipated merger of Brazilian airlines GOL and Azul, despite growing speculation that Azul may file for bankruptcy protection in the United States. The group reiterated its commitment to consolidating the two carriers as part of a strategy to build Latin America’s leading airline network.
GOL, the Brazilian low-cost carrier, is reportedly in advanced discussions with Embraer to acquire E195-E2 aircraft, with a formal agreement anticipated after the airline concludes its bankruptcy proceedings. This move signals GOL’s intent to modernize its fleet and optimize its regional network strategy as it emerges from financial restructuring.
GOL, the Brazilian low-cost carrier, has received approval from a U.S. bankruptcy court for its comprehensive restructuring plan under Chapter 11 proceedings. The approval marks a key milestone in the airline’s financial recovery and long-term sustainability efforts.
GOL Linhas Aéreas, a major low-cost airline based in Brazil, has taken delivery of a Boeing B737-8, serial 44040, on lease. The aircraft is powered by LEAP-1B engines from CFM International, representing the latest in fuel-efficient single-aisle propulsion technology.
GOL, one of Brazil’s leading airlines, has proposed a substantial $3.4 billion capital increase through share issuance as part of its strategy to exit Chapter 11 bankruptcy protection. The plan marks the most significant financial restructuring move by the company since it filed for bankruptcy earlier this year in the United States.
