Tag: Gol Linhas Aereas Inteligentes S.A.

• Thursday, June 23rd 2022 - 08:35 UTC

  Aerolíneas Argentinas, GOL announce SAO-BUE air shuttle

  

  Argentina's flag carrier Aerolíneas Argentinas and Brazil's GOL have announced a Buenos Aires-São Paulo air shuttle between Aeroparque Jorge Newbery and Guarulhos, in addition to increasing their codeshare operations linking the two countries, starting in August.

• Thursday, November 4th 2021 - 20:08 UTC

  GOL returns to Montevideo after nearly 21 months of domestic-only routes

  

  Brazilian carrier GOL resumed services to Montevideo after almost 21 months when a flight from São Paulo landed at Montevideo's Carrasco International airport Wednesday.

• Friday, September 27th 2019 - 09:02 UTC

  Delta Air Lines buys a 20% stake in LATAM Group for US$ 1.9bn

  

  Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for US$1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.

• Wednesday, August 14th 2019 - 08:40 UTC

  Regulator opens Rio/Sao Paulo air bridge to third carrier, Azul

  

  Brazil’s No. 3 airline, Azul SA, said on Monday it would start operating 17 flights per day between Sao Paulo and Rio de Janeiro, the country’s most transited route, currently dominated by the country’s No. 1 and 2 carriers.

• Monday, May 20th 2019 - 10:22 UTC

  Latam posts a US$ 60 million loss in the first quarter: weak Argentine and Brazilian currencies

  

  Chile’s LATAM Airlines, the largest airline in the region, posted a US$ 60 million loss in the first quarter, compared with a US$ 92 million profit in the same period last year, due to a strong U.S. dollar and weak demand from Argentina.

• Friday, March 9th 2018 - 04:19 UTC

  Falklands' second commercial air-link: interest from several Brazilian airlines

  

  The Director of Aviation at Aviation Economics Joanna Hunt commenting on the progress of a second commercial air-link to the Falkland Islands has confirmed there has been interest from airlines.

• Thursday, March 3rd 2016 - 05:22 UTC

  Brazil will allow foreign companies to hold a 49% stake in the country's airlines

  

  The government of President Dilma Rousseff has raised from 20% to 49% the maximum stake that foreign companies can hold in Brazilian airlines, according to an executive order signed by the president and published on Wednesday in the Diario Oficial, Official Gazette

• Wednesday, February 3rd 2016 - 06:15 UTC

  Brazil airline shares soar as regulator admits opening to foreign capital

  

  Brazilian airline shares soared nearly 30% on Monday after a newspaper report said the government may scrap limits on foreign ownership of domestic airlines to attract investment to the struggling sector. President Dilma Rousseff may propose legislation giving her discretion to let foreign groups own as much as 100% of local airlines, up from 20%, Valor Econômico reported.

• Tuesday, November 27th 2012 - 04:41 UTC

  Brazil’s low cost airline Gol cuts 850 jobs and returns 20 Boeing 737-300

  

  Brazil’s low-cost airline Gol announced that it is eliminating the WebJet brand, the rival airline that it took over earlier this year, cutting 850 jobs and reducing domestic capacity in the process.

• Wednesday, October 3rd 2012 - 04:35 UTC

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

  

  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.