Articles tagged “gol”
Airlines
All Eyes on Gol as Brazilian Airline Is First to Put 737 Max Back Into Service
Gol is set to be the first global airline to resume Boeing 737 Max flights on Wednesday, returning the jet at the beginning of Brazil's busy summer travel season. But questions remain over whether travelers have confidence in the aircraft after a 20-month grounding with no less than the future of Boeing hanging in the balance.
Airlines
Delta’s Partnership via Equity Strategy Takes an $81 Million Hit in Brazil
When airlines such as Delta and Etihad opt to make investments in partner airlines around the globe instead of making acquisitions, which can trigger regulatory hassles, the investor carriers are going to be subject to economic turmoil in partners' domestic markets. That just goes with the territory.
Airlines
Gol airline’s CEO tries to rebound from losses by cutting 4,000 jobs
Gol's timing has been wrong on everything for the past few years. Will it's current moves break this chain of errors?
Airlines
Brazil’s Gol airline using IPO for its loyalty program to raise $565 million
The Brazil IPO market is active right now so it seems like an opportune time for GOL to go the IPO route with smiles, and to pay down some debt, something it desparately needs to do.
Airlines
Brazilian airline cuts capacity and boosts profits
It's interesting that Gol plans an IPO for Smiles, its frequent flyer program. And, on the capacity front, Gol is proving that less is oftentimes more.
Airlines
Rumors of a Brazilian airfare cap send Gol stock price tumbling
Brazil’s aviation regulator refuted the rumors stating that the upcoming news dealt with slot distribution, but concerns of the president’s interventionist policies continue to keep the industry on its toes.
Airlines
Gol eliminates 850 jobs and returns Webjet’s fuel-inefficent jets
The job losses at Gol will certainly be painful, but transitioning to more efficient aircraft as Gol erases the Webjet brand makes sense in the long run.