The Latest Breaking News from GOL

Passengers were shocked when their flight from Santos Dumont Airport in Rio de Janeiro, Brazil, to Porto Alegre was cancelled when its engine burst into flames on the runway

The airline sector is expected to witness steady growth with technological improvements and strong demand despite the economic uncertainties. Given the airline sector’s promising prospects, investors should add quality airline stocks such as Gol Linhas Aéreas (GOL), Copa Holdings (CPA), and Controladora Vuela (VLRS) to their watchlists. Read on.

The row erupted between two families on a Gol Airlines flight bound to Sao Paulo-Congonhas from Salvador in Brazil, after a mum's request to switch seats was turned down

Brazil's Gol Linhas Aereas Inteligentes SA's (NYSE:GOL) logistics business GOLLOG has signed a landmark agreement with MercadoLibre Inc (NASDAQ:MELI) (Mercado Livre), which operates marketplaces for e-commerce and online auctions. The ten-year agreement comprises a dedicated freighter fleet of six Boeing Co (NYSE:BA) 737-800 BCF, slated to commence operations in 2H22. There is also the option of adding six…

Airline company Gol Linhas Aereas Inteligentes (GOL) has been ramping up its operations over the past month. However, the company expects its EPS to remain negative in its fiscal first quarter. So, is it wise to buy GOL’s shares now? Read on to learn our view.

Turkey's leading aviation conglomerate and owner of Freebird Airlines, Gözen Holding, committed to purchase or lease up to 50 VX4 eVTOL aircraft from international aircraft leasing company, Avolon. Gözen also had the option to purchase or lease up to 50 additional aircraft. In June 2021, Avolon ordered 500 VX4 eVTOL aircraft from Vertical…

Gol Intelligent Airlines (NYSE:GOL) is set to give its latest quarterly earnings report on Friday, 2022-03-11. Here's what investors need to know before the announcement. Analysts estimate that Gol Intelligent Airlines will report an earnings per share (EPS) of $-0.60.

  Over the past three months, shares of Gol Intelligent Airlines (NYSE:GOL) decreased by 9.78%. Before having a look at the importance of debt, let us look at how much debt Gol Intelligent Airlines has.

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) reported preliminary air traffic figures for February 2022. GOL's total demand (RPK) increased by 35.0%, and the load factor was 80.3%, a 0.5 p.p decrease compared to February 2021. Total supply (ASK) increased 35.8%. In the domestic market, demand (RPK) for GOL's flights increased 30.9%, supply…

Gol Linhas Aereas Inteligentes SA (NYSE:GOL) closed the financing of up to $600 million with Castlelake LP to finance the acquisition of new Boeing Co (NYSE:BA) 737 MAX 8 aircraft. The transaction will comprise ten finance leases and two sale-leasebacks. The interest rate for the finance leases is ~6% p.a. The funds originated will cover…