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Montevideo, June 2nd 2023 - 18:19 UTC



Brazilian Low-cost Gol airline purchases 60 Boeing 737 Max; 6bn dollars deal

Wednesday, October 3rd 2012 - 04:35 UTC
Full article 6 comments
Gol aircraft at the busy Sao Paulo airports Gol aircraft at the busy Sao Paulo airports

US manufacturer Boeing announced this week it has sold 60 aircraft to Brazil’s Gol Linhas Aereas Inteligentes, comprising the largest order ever from a single airline in South America. All 60 of the airplanes will be the 737 Max model, at a value of about 6 billion dollars at list price.

The 737 Max has new engines from CFM International and new winglets. Boeing said the design will deliver better fuel efficiency and fewer carbon emissions than earlier models. This order puts the 737 Max at 724 firm orders to date. Deliveries are expected to start in 2017.

“Boeing has partnered with Gol since their inception just over 12 years ago,” said Ray Conner, president and CEO of Boeing Commercial Airplanes.

“We've watched them grow from a small start-up airline to a driving force in global aviation and we are proud to partner with them as the South American launch customer for the 737 Max”.

Gol is currently cutting jobs by about 12%, or 2.500 positions, according to the Sao Paulo media, as the low-cost carrier seeks to become profitable again. Passenger growth has been strong in Brazil, but Gol has suffered from high fuel prices and competition from larger airlines.

Categories: Investments, Tourism, Brazil.

Top Comments

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  • briton

    better brazilion aircraft,
    than some other s

    Oct 03rd, 2012 - 10:18 am 0
  • Condorito

    Airlines plane purchases are a barometer for for future growth. Another indicator that despite the slowdown, Brazil is on the up and up.

    Oct 03rd, 2012 - 01:27 pm 0
  • ChrisR

    Excellent news from a family run operation.

    What a pity other countries have to make it so difficult for their 'flag carriers' to operate.

    Oct 03rd, 2012 - 08:49 pm 0
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