PR: Abra Group has agreed to carry out a strategic investment in Wamos Air, a world-leading air charter and wet lease services company based in Spain. This partnership will bring about the possibility of improving connectivity between Latin America and…
As 2024 starts, some airlines are experiencing a steep acceleration towards bitter times. January hasn’t been kind to Alaska and Spirit, for instance. And down south, Brazilian GOL faces a storm that could shake the entire South American market. Rumors are…
The Brazilian carrier GOL Linhas Aéreas delivered its highest second quarter revenue this year, earning 4.1 billion reais (about $836 million). The airline reached approximately 91% of pre-pandemic capacity while maintaining a disciplined approach to cost controls that continued to…
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 year,…
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…
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…