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 […]
