All GOL articles – Page 2
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NewsColombian regulators reject Avianca-Viva Air tie up
Colombia’s aviation regulator has rejected a tie-up between Avianca and financially strapped low-cost carrier Viva Air.
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NewsGol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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NewsSurging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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AnalysisHow leading Latin carriers are faring in return to pre-crisis levels
After the most challenging of two years, the recent earnings quarter for Latin American operators offered an altogether more positive picture.
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NewsVertical Aerospace carries out first tethered flight of VX4 prototype
Vertical Aerospace has performed a short tethered first flight of its VX4, kicking off the test campaign for the electric vertical take-off and landing (eVTOL) aircraft.
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NewsGol agrees to pay $41.5m to settle corruption charges: SEC
Brazil’s Gol Airlines will pay $41.5 million to US authorities stemming from corruption charges relating to violations of the US Foreign Corrupt Practices Act (FCPA) in 2012 and 2013.
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NewsGol triples Q2 revenue as corporate travellers return
Corporate travellers returning to air transport in greater numbers and expansion of regional markets helped support Brazilian airline Gol’s jump in total revenue during the second quarter of 2022.
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NewsGol to lease six 737 converted freighters from AerCap
Brazlian carrer Gol has stuck a deal to lease six Boeing 737-800 converted freighters from lessor AerCap.
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NewsGol CEO Kakinoff to step down, Ferrer to take helm
Longtime Gol chief executive Paolo Kakinoff will step down from his post in July, with current chief operating officer Celso Ferrer to succeed him as CEO.
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NewsCopa touts business model in the face of Abra challenge
Copa Airlines is confident it can overcome challenges the new tie-up between Avianca and Gol will present in Latin America, though the deal does create uncertainty about Copa’s planned joint venture with Avianca and United Airlines, Copa’s chief executive says.
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NewsAvianca and Gol join to form holding company
Latin American carriers Avianca and Gol have agreed to join operations under a UK-based holding company while maintaining individual brands, a move intended to create long-term stability in the post-coronavirus environment.
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NewsDomestic revenue boosts Gol’s Q1 earnings
Domestic sales boosted Brazil’s Gol airlines’ first quarter earnings as it finalised a codeshare agreement with American Airlines and launched a cargo collaboration.
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AnalysisFuel volatility, Covid woes and acquisition talk in busy airline week
If ever a week featured a microcosm of the challenges and opportunities facing the airline industry, this might be it. The past few days saw crude oil – the price of which jet fuel tracks closely – fall back to around $100/barrel, having flirted with $130/barrel at some points over ...
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NewsGol reports higher revenue, sees M&A possibilities
Brazil’s Gol reports higher revenue for the final quarter of 2021 as it continues its fleet transformation and keeps costs in check, while at the same time keeping an eye on possible consolidation in the market.
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NewsGol reports wider Q3 loss, prepare to resume international flights
Gol reported a net loss of R$2.5 billion ($455 million) in the third quarter of 2021, but says that higher vaccination rates and the opening of borders across the hemisphere will boost travel in the coming busy summer holiday season.
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In depthGol and Azul prepare for a restored Brazilian travel boom
Brazilian airlines Azul and Gol are positioning to take advantage of a resurgence in domestic and international travel as some of the last travel restrictions for customers from the vast Latin American country are set to fall.
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NewsVertical warns UK could miss out on eVTOL benefits without government action
Bristol-headquartered Vertical Aerospace has called for the UK government to urgently set out clear policy goals to enable advanced aerial mobility operations to begin at scale from mid-decade or risk missing out on the economic and social opportunities they promise.
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NewsGol foresees 50% drop in third-quarter revenue versus 2019 level
Brazilian low-cost carrier Gol expects to report third-quarter net operating revenue down 50% from the same period of pre-pandemic 2019.
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NewsAmerican to invest $200 million in Gol, expand marketing pact
American Airlines plans to acquire about 5% of Brazilian carrier Gol’s shares for R1.05 billion ($200 million) as part of a plan by the airlines to expand an existing marketing and codeshare agreement.
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NewsGol accelerates fleet renewal with 28 Boeing 737 Max
Brazil’s Gol has signed agreements for 28 more Boeing 737 Max aircraft as it renews its fleet more quickly than originally planned.