VoePass/MAP's store in Manaus Airport. (Photo: AirlineGeeks | João Machado)

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 capital of Amazonas state, Northern Brazil; in 2019, the airline received slots from the failing Avianca Brasil in São Paulo/Congonhas Airport, the country's "goldmine" for…