Low-cost airline GOL Linhas Aéreas Inteligentes S.A., one of Brazil’s leading carriers based in Rio de Janeiro, announced that they have signed a non-binding letter of intent with Avolon for purchase and/or lease of 250 electric vertical takeoff and landing aircraft (eVTOL). Avolon is the world's third-largest leasing business specializing in providing aircraft leases and lease management services to airlines and their investors. The company is based in Dublin, Ireland with offices worldwide including in the United States, Dubai, Hong…
Last week's news in Brazil's aviation market fell as a surprise: GOL, the country's largest domestic airline pre-COVID, is buying regional carrier MAP Linhas Aéreas, based in Manaus, for BRL28 million (approximately $5.5 million in current values). MAP was founded in 2011, and it operated a fleet of ATR 42…
As the Covid-19 vaccination campaign in Brazil continues and the worst phase of the pandemic recedes throughout the country, airlines are closely monitoring any demand patterns that they can capture in the weeks and months ahead. And this is not limited to domestic flying. LATAM Brasil, the country's second-largest domestic…
This past Thursday saw worldwide recognition of Earth Day from corporations and individuals alike. Among the celebrations and global conferences, Brazil saw for the first time an airline set its own goals and targets to go carbon neutral in the years ahead. GOL Linhas Aéreas, the country's largest airline by…
As the COVID-19 immunization run proceeds in Brazil, local airlines have played a crucial role in distributing the doses to all 26 states throughout the nation in addition to the Federal District. São Paulo state is already vaccinating people over 68 years old, but several cities throughout the country have…
As the outbreak of the COVID-19 pandemic in Brazil reached the end of its first year, this time with the country in a much more complicated situation, GOL Airlines — the country's largest airline by domestic traffic — published its financial results for the fourth quarter of 2020. The airline…
While the months that have followed the March and April 2020 demand depression have seen a steady recovery in air traffic in Brazil, the second wave of the COVID-19 pandemic — which has been razing most states' health systems — has made passenger numbers collapse again, especially with several states…
This is part I of a two-part story about 2020 for the major airlines in Brazil in alphabetic order: Azul, GOL and LATAM Brasil. Part I gives a brief introduction about the arrival of the COVID-19 crisis within the industry in the country, the macroeconomic challenges for the country going…
Six months after the announcement of a codeshare agreement that surprised the Brazilian aviation market, involving the domestic networks of Azul Brazilian Airlines and LATAM Brasil, both airlines' largest competitor — GOL Airlines — finally decided to act against it. Last week, the company asked the country's Administrative Council for…
Brazil’s GOL Airlines will become the first carrier in the world to resume regular commercial flights with the now-infamous Boeing 737 MAX. The carrier has nearly 30 737 MAX flights scheduled in December. Per a statement from the airline, GOL’s first MAX flight will be on Dec. 9. First flights…
