Qatar Airways may be looking at buying Brazil's Gol; parties deny report

Skift Take

Gol's been in trouble for a while, so if not Qatar, someone will swoop in sooner or later. Meanwhile, middle east airlines continue to spread their wings everywhere.

Brazilian low-cost airline Gol Linhas Aereas Inteligentes jumped in Monday trading after a report that it was in preliminary talks with Qatar Airways for a possible takeover of the struggling Latin American airline. Veja magazine said Qatar executives met with Gol officials last week to discuss a possible takeover. Because Brazil restricts foreign ownership of domestic airlines, Qatar was seeking to structure the takeover in a form similar to that used in the takeover of Tam by Chile's Lan to form Latam Airlines Group. Qatar Airways and Gol signed a mileage-sharing agreement in June of this year that allow passengers of both companies to accumulate frequent-flier mileage.

ArabianBusiness: Gol denied the report of takeover talks with Qatar Airways.

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Qatar Airways may be looking at buying Brazil's Gol; parties deny report

Skift Take

Up Next

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American Airlines Adds U.S. Muscle to Heathrow Reform Campaign

Exclusive: Qatar Airways to Launch AI Travel Agent

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Travel Startups Raise $580 Million Over Two Weeks

First read is on us.
Subscribe to read more essential travel industry news.

First read is on us.

Qatar Airways may be looking at buying Brazil's Gol; parties deny report

Skift Take

Up Next

How Data Quality Issues Impact Global Hospitality Operations

American Airlines Adds U.S. Muscle to Heathrow Reform Campaign

Exclusive: Qatar Airways to Launch AI Travel Agent

The White Lotus Effect Could Be a Disaster for Thailand's Koh Samui - And Travel Media Is Making it Worse

Travel Startups Raise $580 Million Over Two Weeks

First read is on us.Subscribe to read more essential travel industry news.

First read is on us.
Subscribe to read more essential travel industry news.