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Gol Secures Us$600 Million In Financing For Fleet Transformation

Jan 24, 2022over 3 years ago

Amount Raised

$600 Million

Sao Paulo

Description

GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ("GOL" or "Company"), Brazil's largest domestic airline, has closed a financing of up to US$600 million with Castlelake LP to finance the acquisition of new 737 MAX 8 aircraft.

Company Information

Company

Gol Linhas Aéreas Inteligentes S.A

Location

Sao Paulo, Sao Paulo, Brazil

About

GOL is Brazil's largest airline, leader in the corporate and leisure segments. Since its founding in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transportation. The Company has alliances with American Airlines and Air France-KLM, in addition to making available to Customers many codeshare and interline agreements, bringing more convenience and ease of connections to any place served by these partnerships. With the purpose of "Being First for Everyone", GOL offers the best travel experience to its passengers, including: the largest inventory of seats and the most legroom; the most complete platform with internet, movies and live TV; and the best loyalty program, SMILES. In cargo transportation, GOLLOG delivers parcels to various regions in Brazil and abroad. The Company has a team of 15,000 highly qualified airline professionals focused on Safety, GOL's number one value, and operates a standardized fleet of 127 Boeing 737 aircraft. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ir.

FundzWatch™ Score

60
Medium Activity

Funding Insights

Based on industry data
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