Brazilian GOL Linhas Aéreas Inteligentes has announced an extension for receiving binding proposals for its critical USD 1.9 billion...
GOL
Despite substantial passenger numbers, GOL continues to face significant financial challenges. Burdened by intense competition, a complex business model,...
Abra Group and Azul have signed a non-binding Memorandum of Understanding (MoU) to explore merging Azul and Gol Linhas...
Abra Group, the majority investor in Avianca and GOL, signed an MoU for five A350-900s with Airbus today at...
Brazil is the largest aviation market in Latin America. In 2019, it handled over 213 million passengers, double...
Brazil just approved 100% foreign ownership of airlines, up from the previous maximum of 20%. This presents an opportunity...