The Latest Breaking News from GOL

GOL Reports 80.3% Load Factor For February

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…

Benzinga · Mar 7, 2022

GOL Secures $600M Financing For Fleet Transformation

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…

Benzinga · Jan 24, 2022