The Brazilian carrier GOL has raised nearly US$200 million in new equity in the last quarter. Following the take-in of the Smiles minority interest (Smiles is GOL’s loyalty program, inherited from the extinct Varig airline), the Brazilian carrier announced today…
Looking at the latest data from China and the US, here’s how we ended May 2021. A month ago it did not look like the US was going to catch up with China. But as we can see the data…
The 1Q21 was rough for carriers like GOL and Azul Linhas Aereas. In the past weeks, Brazil airlines presented their financial results. They operated amid the second wave of COVID-19 infections throughout the South American giant, which crippled demand. Nevertheless,…
The commercial aviation world has been turned upside down. And at the very pinnacle of that swing is Embraer. Embraer is the world’s third-largest aircraft OEM, which is a remarkable performance when you consider some of the storied brands that…
Brazil’s demand is going down, according to stats provided by the Brazilian Association of Air Companies (ABEAR), OAG, and GOL Linhas Aereas. In the last two months, there’s been a decline in capacity and passenger numbers due to the rising…