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.
GOL Linhas Aéreas, one of Brazil’s leading airlines, has reported a recurring EBITDA of $257 million for the first quarter of 2025, showcasing resilience in operations despite regional economic fluctuations. The results underline the company’s efforts to stabilize finances following restructuring measures and increasing travel demand across Brazil.
GOL Linhas Aéreas, the Brazilian low-cost carrier, has secured a critical agreement with key creditors that paves the way for its emergence from Chapter 11 bankruptcy protection, likely by June 2025. The agreement includes an additional $125 million in financing, bringing the total raised through the restructuring process to at least $1.37 billion.
GOL Linhas Aéreas Inteligentes, the Brazilian low-cost airline, has indicated that it may delay its planned exit from Chapter 11 bankruptcy proceedings in the United States unless it is able to secure the full $1.9 billion in required funding by May 15, 2025. To date, the airline has successfully secured $1.25 billion in investor commitments, leaving a funding gap…
