The Brazilian airline Gol reported upbeat third-quarter results, with significant increases in revenues and EBITDA. The company's performance is influenced by factors such as fuel prices, exchange ...

Brazil’s Gol and its majority investor, Abra Group, have reached agreement on a debt-for-equity deal to support the carrier’s exit from Chapter 11 bankruptcy protection. The agreement, which comes ten ...

In 2024, Gol became the second Brazilian airline, after Latam in 2020, to seek Chapter 11 bankruptcy protection in the United States as the sector grappled with debt burdens, a steep decline in ...

Brazilian airline Gol has submitted a five-year financial plan to a US court as part of its bankruptcy proceedings that calls for refinancing $2 billion in debt, an equity raise, and new deals with ...

SAO PAULO (Reuters) -Brazilian airline Gol released a revised five-year strategic plan on Wednesday as it prepares to exit Chapter 11 bankruptcy proceedings, saying the new forecasts would serve as a ...

Brazilian airlines Azul and Gol announced Wednesday after trading closed on the São Paulo Stock Exchange (Bovespa) that they had signed a memorandum of intent to finalize a merger whereby one of the ...

Brazilian airline Gol Linhas Aereas Inteligentes SA plans to raise $1.5 billion in fresh equity to repay its existing debtor-in-possession financing and shore up its balance sheet, according to its ...

Gol is currently operating under Chapter 11 bankruptcy protection. Photo Credit: Gol Brazilian carriers Azul and Gol have entered into a preliminary agreement to combine their business in the ...