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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