All GOL articles
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NewsAvianca names Gabriel Oliva as president as CEO Frederico Pedreira plans to step down
Colombian carrier Avianca has named chief operating officer Gabriel Oliva as president, effective immediately, with current CEO Frederico Pedreira planning to step down at the end of February. Oliva retains his responsibilities as COO. The leadership transition comes as Abra Group embarks on a new growth phase, with ...
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NewsAbra Group seeks approval to acquire Chilean carrier SKY Airline
Latin American airline company Abra Group has requested approval to incorporate Chilean low-cost carrier SKY Airline, while also signalling intention to retain SKY’s brand identity.
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NewsAbra Group considers fleet crossover between Avianca, Gol and Wamos Air
With fleet flexibility taking high priority for Abra Group, the Latin American airline company is keeping an open mind about where it will station hundreds of incoming narrowbody and widebody jets.
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NewsAbra Group terminates Gol-Azul combination talks
Abra Group has ceased exploring a business combination that would have seen member carrier Gol form Brazil’s largest airline with compatriot Azul after tie-up talks stalled in recent months.
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NewsGol 737 Max's high-speed evasion averted more serious collision with pick-up truck
Investigators have disclosed that a Boeing 737 Max pilot’s evasive action at high speed, during a night take-off, averted a head-on impact with a maintenance pick-up truck parked in the centre of the runway. Accelerating along runway 10 at Rio de Janeiro on 12 February, the Gol Max 8 was ...
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NewsGol names new CFO to guide airline in post-Chapter 11 era
Now on the backside of Chapter 11 financial restructuring, Brazilian carrier Gol has named Julien Pascal Francois Imbert as its new chief financial officer and investor relations officer.
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NewsGol combination still on table despite Azul Chapter 11 filing
The chief executive of Gol parent company Abra Group says a business combination with Brazilian compatriot Azul is still on the agenda, despite the latter carrier recently entering Chapter 11 bankruptcy protection in the country’s “not healthy” airline market.
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NewsGol’s financial restructuring approved by US bankruptcy court
Brazilian carrier Gol secured approval on 20 May of its financial restructuring plan after filing for Chapter 11 bankruptcy last year.
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NewsGol secures $1.9bn in exit financing near end of bankruptcy process
Brazilian carrier Gol has secured $1.9 billion in exit financing as it seeks to emerge soon from Chapter 11 restructuring.
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NewsBrazil’s Gol extends exit financing deadline in response to US tariffs
Brazilian carrier Gol has extended a deadline for investors to participate in the company’s $1.9 billion exit financing plan, citing the USA’s trade war with most of the world.
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NewsDevaluation of Brazilian currency weighs heavily in Gol’s fourth-quarter loss
Amid a restructuring effort aimed at strengthening its operational and financial performance, Abra Group carrier Gol lost R$5.1 billion ($883 million) during the final quarter of last year.
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NewsGol secures exit financing as it seeks conclusion of Chapter 11 process
Brazilian carrier Gol recently secured exit financing from unnamed investors as it works to emerge for Chapter 11 restructuring as “a well-capitalised standalone company”.
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NewsAzul-Gol combination would create Brazilian airline able to ‘compete globally’
Azul’s leadership team is “really confident” that its proposed business combination with Brazilian competitor Gol will deliver future growth.
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NewsGol 737 Max reportedly aborts take-off after hitting vehicle on Rio runway
Preliminary reports from Brazil are indicating that a Gol Boeing 737 Max 8 has aborted take-off from Rio de Janeiro after hitting a vehicle on the runway. The incident occurred at around 22:00 on 11 February as the aircraft was departing for Forteleza. Brazilian media are quoting airport operator RIOgaleao ...
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NewsAzul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create Brazil’s largest airline via a tie-up with Gol.
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NewsGol files Chapter 11 re-organisation plan with court ahead of vote solicitation
Brazilian budget carrier Gol is filing an initial proposed plan to re-organise under US Chapter 11 protection, following an agreement between the airline, its largest secured creditor Abra Group, and other parties. Filing of the plan, says Gol, implements “significant investment” of new capital and marks an “important milestone” towards ...
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NewsAbra chief sees Avianca and Gol stepping up co-operation
Chief executive of Latin American airline holding group Abra Adrian Neuhauser sees more customer-facing co-operation rolling out between partner carriers Avianca and Gol next year.
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NewsGol aims to complete Chapter 11 restructuring by end April
Restructuring Brazilian carrier Gol is hoping to exit Chapter 11 bankruptcy protection by the end of April as it today reported progress in restoring capacity during the third quarter.
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NewsGol reaches debt-equity deal with Abra Group for Chapter 11 exit plan
Brazil’s Gol and Abra group, the airline’s majority investor, have reached an agreement that will eliminate up to $2.55 billion in debt from the carrier’s books.
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NewsAbra closes acquisition of Wamos Air
Madrid-based Wamos Air has officially joined Abra Group, the parent company of Colombian airline Avianca and Brazil’s Gol, five months after the companies first announced the transaction.