Brazilian carrier Gol has secured exit financing from unnamed investors as it works to emerge for Chapter 11 restructuring as “a well-capitalised standalone company”. Gol said in a 24 March letter to ...

Brazilian carrier Gol secured approval on 20 May of its financial restructuring plan after filing for Chapter 11 bankruptcy last year. The Rio de Janeiro-based airline says that, with approval from ...

Gol Linhas Aéreas Inteligentes S.A. has filed for Chapter 11 bankruptcy due to mounting debt and operational challenges. The airline's cash pile is significantly smaller than its debt pile, and its ...

In 2024, Gol became the second Brazilian airline, after Latam in 2020, to seek Chapter 11 bankruptcy protection in the United States as the sector grappled with debt burdens, a steep decline in ...

Gol is currently operating under Chapter 11 bankruptcy protection. Photo Credit: Gol Brazilian carriers Azul and Gol have entered into a preliminary agreement to combine their business in the ...

Brazilian airline Gol Linhas Aéreas Inteligentes SA is ramping up international expansion as part of a strategy to boost growth and reduce dependence on its home market after exiting Chapter 11, Chief ...

SAO PAULO, Jan 29 (Reuters) - A U.S. bankruptcy judge on Monday allowed Brazilian airline Gol (GOLL4.SA), opens new tab to borrow the first $350 million of its proposed bankruptcy financing, which a ...

NEW YORK, Feb 12 (Reuters) - Bankrupt Brazilian airline Gol (GOLL4.SA), opens new tab on Monday received a U.S. court's permission to probe rival LATAM Airlines' alleged effort to poach Gol's Boeing ...

SAO PAULO (Reuters) -Brazilian airline Gol formally exited its bankruptcy proceedings in the United States on Friday, setting the stage for fleet expansion and new flights and routes within Brazil and ...