GOL

Avianca, GOL Set to Become Part of Same Holding Company

In a statement issued the morning of May 11, the main shareholders of Colombian airline Avianca and the controlling shareholder of Brazilian airline GOL announced the signing of an agreement to create an air transport group under a holding company structure called Abra Group Limited, which will bear the trade name Grupo Abra. The agreement, […]

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Brazilian Carrier GOL Signs Letter of Intent for 250 eVTOL Aircraft

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 […]

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GOL Makes the First Move For Brazil’s Market Consolidation

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 and 72 from Manaus, the […]

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LATAM Brasil Restores More International Flying, Announces Cancún Flights

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 airline pre-Covid-19 and the largest […]

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GOL Pledges to Go Carbon Neutral by 2050

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 domestic traffic pre-pandemic — and […]

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Brazilian Airlines Transport Vaccines Throughout Brazil

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 announced lower ages will be […]

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GOL Presents 2020 Fourth Quarter Results, Predicts Recovery

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 registered revenues of 1.89 billion […]

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