We have massive consolidation news in the Latin American region. Avianca and GOL Linhas Aereas shareholders have announced the launch of Abra Group Limited, a new holding. This new holding will own Avianca, GOL, Viva Colombia, Viva Perú, and a small investment in...
American Airlines announced it has signed a definitive investment agreement with GOL, the Brazilian carrier. This investment will deepen the relationship between the two airlines and help them “create the broadest and most rewarding network in the Americas.” Last...
Earlier this week, the Brazilian carrier GOL and Castlelake secured financing for a Boeing 737 MAX order. The financing will be worth up to $600 million and will allow the airline to finance the acquisition of new 737 MAX 8 aircraft. The Brazilian carrier GOL is...
Sixteen months after the termination of a contract for 34 Boeing MAX 8s, Brazil’s GOL Linhas Aereas original MAX fleet strategy is more or less back on track. On August 3, the carrier announced a follow-on order for 28 MAX 8s for delivery from late 2022. GOL has...
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