October 23, 2018
Brazilian airline GOL is returning to the US market with flights to Miami and Orlando launching in November.
May 10, 2017
Brazilian airline Gol’s first quarter net profit dropped almost 70 percent as it reacted to a weaker domestic environment by cutting capacity.
August 16, 2016
Brazil's Gol posted a second quarter net profit of BRR309.5 million reais (USD$96.6 million) as it swung from a loss in the previous year.
July 29, 2016
Brazilian airline Gol is bringing back the chief financial officer who took the company public and named two new board members amid a tough debt restructuring that has struggled to attract bondholders' cooperation.
July 11, 2016
Brazil's interim government plans to remove foreign ownership limits on domestic airlines through a presidential decree or an act of Congress this year, Transportation Minister Mauricio Quintella said.
May 12, 2016
Brazilian airline Gol posted its first quarterly profit in over four years as aircraft financing deals and a rebounding currency gave earnings a one-time lift.
May 4, 2016
A Brazilian government led by Vice President Michel Temer would consider allowing foreign owners to acquire a controlling stake in local airlines, a close aide says.
March 30, 2016
Brazilian airline Gol reported a quarterly net loss of BRR1.130 billion reais (USD$311 million), 79 percent bigger than its loss a year earlier.
March 2, 2016
Brazil has lifted the legal limit on foreign ownership of local airlines to 49 percent, from 20 percent previously, opening the door to more help for troubled carriers.
February 29, 2016
Brazil plans to propose to Congress in the first half of the year an increase in the foreign ownership of local airlines, in a move to help the struggling sector.