Blood in the water: Airlines hunt for GOL’s assets

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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…

This month, Brazil’s GOL Linhas Aéreas and Air France-KLM began implementing the agreement for the maintenance of engines from the Brazilian company’s aircraft by Air France Industries KLM Engineering & Maintenance (AFIKLE&M) in Amsterdam, the Netherlands. Solidifying their partnership The…

LATAM Airlines Group and GOL Linhas Aéreas have recently posted their third quarter financial results. Both companies closed the quarter with net operating revenue records as the South American region continues to recover and grow versus pre-pandemic levels. LATAM Airlines…

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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…