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GOL Transportes Aeros NewsGOL and Delta Air Lines file request to implement code-share agreement
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and BM&FBOVESPA: GOLL4), the largest low-cost and low-fare airline in Latin America, announces that it has filed with Delta Air Lines, a request for authorization to implement a code-share agreement with Brazilian and U.S. authorities. GOL develops its own program for managing aircraft maintenance waste
BRAZIL : The program is fully operational at eight Company bases and in the advanced implementation phase at another 18 GOL announces launch of regular flights to Bauru
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, began selling tickets for a new destination in its domestic route network - the city of Bauru, in the west of São Paulo state. There will be five flights per week from Congonhas Airport in São Paulo city, beginning on February 1, 2010. GOL completes nine years of operations
BRAZIL : Throughout 2009, the company increased its presence abroad through code-share agreements, expanded the SMILES, Gollog and Voe Fácil programs and implemented several innovations in the Brazilian market GOL elects Paulo Kakinoff as New Independent Board Member
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, announces the election of Paulo Kakinoff as the newest member of its Board of Directors. The election took place today at an extraordinary meeting of GOL shareholders. GOL inaugurates its first VoeFácil store
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low cost and low fare airline in Latin America, opened its first VoeFácil store today to sell GOL air tickets. Profile on Ryanair GOL adopts GPS landing system for its latest generation fleet
BRAZIL : As of January 2010, GOL's aircraft will be able to take off and land with even more precision, reducing operating costs and CO2 emissions. GOL Signs an Agreement with Travelport
BRAZIL : Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, announces the adoption of Travelport's Interline E-ticket Interchange, a technological platform which facilitates the control and operational functioning of its airline agreements. Additionally, the company extended its agreements with the main global distribution systems (GDS): Sabre, Amadeus and, also, Travelport. Fitch affirms GOL's IDRs; revises outlook to positive; upgrades unsecured debt to 'B+'
BRAZIL : Fitch Ratings has affirmed Gol Linhas Aereas Inteligentes S.A.'s (GOL) ratings as follows: GOL launches UATP corporate card
BRAZIL : Card will provide customers with a globally accepted payment option for corporate travel GOL expands buy on board service to 37 domestic flights
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 e NYSE: GOL), the largest low-cost and low-fare airline in Latin America, announces that it is extending its buy on board service in response to client requests and following extensive market research. GOL was the first airline to implement this service in Brazil in early June. GOL announces pricing of global share offering
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, announces that its global offering of 38,005,000 preferred shares, including preferred shares in the form of American depositary shares (ADSs), by the Company and ASAS Investment Fund, the Company's controlling shareholder, has priced on October 8, 2009. GOL files registration statement for global share offering
BRAZIL : 25-Aug-2009 GOL Linhas Aéreas Inteligentes S.A., the largest low-cost and low-fare airline in Latin America (the Company), announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed global offering of preferred shares, including preferred shares in the form of American depositary shares (ADSs), by the Company and ASAS Investment Fund, the Company's controlling shareholder. GOL Concludes Distribution of VRG Linhas Aéreas S.A.
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. Latin America's biggest low-cost airline and the controlling shareholder of the Brazilian Airline VRG Linhas Aéreas S.A. (VRG), announced today the distribution of VRG's 3rd series of secured non-convertible debentures (Debentures) in the amount of R$400 million. GOL returns to profitability in 1Q09
BRAZIL : GOL Linhas Aéreas Inteligentes, the parent company of Brazilian airlines GOL Transportes Aéreos (GOL) and VRG Linhas Aéreas (VRG), reported a USD29.6 million consolidated net profit in the three months ended 31-Mar-09, compared to the USD9.9 million net loss reported in the previous corresponding period. GOL introduces new routes
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), Brazil's low-cost airline, announces that it has received approval from Anac, the Brazilian civil aviation authority, to operate regular flights from Santos Dumont airport (Rio de Janeiro) to Belo Horizonte (Confins airport), Brasília and Vitória. GOL Linhas Aéreas Inteligentes S.A., la aerolínea brasileña de bajo coste, acaba de recibir la autorización por parte de ANAC, la autoridad brasileña de aviación civil, para volar entre el Aeropuerto de Santos Dumont (Río de Janeiro) y Belo Horizonte (Aeropuerto de Confins), esto es entre Brasília y Vitória. GOL losing again to a declining load factor
BRAZIL : GOL, the Brazilian LCC, had appeared to be arresting the decline in its load factor in Jan-2009, but it slipped again for the second consecutive month in Mar-2009. GOL reported an average load factor of 54.9% last month, declining 2.2 ppts year-on-year, despite capacity cuts of 12.8%. Air France, KLM and GOL sign commercial agreement agreement
BRAZIL : Jean-Cyril Spinetta, Chairman of AIR FRANCE KLM and Constantino de Oliveira Junior, CEO of GOL Linhas Areas Inteligentes SA, which comprises the GOL and VARIG brands, signed a commercial cooperation agreement in Sao Paulo. GOL reports 4Q08 results
BRAZIL : GOL Linhas Aéreas Inteligentes SA announces (20-Mar-09) its preliminary, unaudited results for the fourth quarter of 2008 (4Q08). GOL reports Feb-09 traffic statistics
BRAZIL : GOL Linhas Aéreas Inteligentes released (06-Mar-09) preliminary passenger statistics for the month of Feb-09. Domestic passenger traffic (RPK) for Feb-09 decreased 5.1% and capacity (ASK) decreased 2.7% year-over-year (vs. Feb-08). GOL reports passenger traffic for January
BRAZIL : GOL Linhas Aereas Inteligentes SA, Brazil's low-cost airline, released preliminary passenger statistics on 06-Feb-09 for the month of Jan-09. GOL announces traffic for September 2008
BRAZIL : GOL released preliminary passenger statistics for the month of Sep-08. Consolidated domestic passenger traffic for Sep-08 increased 0.1% and capacity increased 9.6% year-over-year. GOL implements new ticket sales system
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. announces that it implemented at GTA a new ticket sales system, New Skies, developed by Navitaire. The platform will replace GTA’s current system, Open Skies, and will improve the performance and quality of customer service, in addition to maximising the Company’s distribution channels, particularly its Internet sales platform. GOL requests Anac approval for corporate reorganisation
BRAZIL : GOL Linhas Aéreas Inteligentes S.A. announces that it submitted to the National Civil Aviation Agency (Anac) a request for authorisation for a corporate restructuring of its subsidiaries, GTA and VRG, to combine them into a single airline company. GOL Airlines unit leases two Boeing 737-700 aircraft from Genesis Lease Ltd
BRAZIL : (XFN Asia) Genesis Lease Ltd stated it has agreed to lease two Boeing 737-700 aircraft to VRG Linhas Aereas SA, a subsidiary of Brazil-based GOL Airlines, for a period of seven years. Terms of the two new leases were not disclosed. Genesis Lease said the GOL Airlines unit is expected to take delivery of the aircraft before the end of July. GOL ranked second in Latin American Corporate Governance Study
BRAZIL : GOL Linhas Aereas Inteligentes SA, the parent company of Brazilian airlines GOL Transportes Aereos SA and VRG Linhas Aereas SA, announced that the Company was ranked second among non-bank companies in a Latin American corporate governance study conducted by Spanish sustainability consulting group, Management & Excellence (M&E). According to the study, conducted in partnership with LatinFinance magazine, GOL employs 90.2% of the required positive corporate governance practices included in the analysis, compared to an average score of 62.34% by the 50 companies included in the research. GOL is the only airline named in the M&E report. GOL Announces Traffic Statistics for May 2008
BRAZIL : GOL Linhas Aéreas Inteligentes SA, the parent company of Brazilian airlines, GOL Transportes Aéreos SA and VRG Linhas Aéreas SA, released preliminary passenger statistics for the month of May 2008. Consolidated domestic passenger traffic (RPK) for May 2008 increased 17% and capacity (ASK) increased 20% year-on-year. Domestic consolidated load factor for the month was 68% and international consolidated load factor was 55%. GOL's total system load factor for the month of May was 65%. GOL Announces Management Changes
BRAZIL : GOL Linhas Aéreas Inteligentes SA announces that, effective 16-Jun-08, Richard Lark will assume a new role as a member of the Company’s board of directors and as an advisor to the Chief Executive Officer, Constantino de Oliveira Junior. As part of the board, Lark will continue to coordinate several of the Company’s policy and operating committees and continue to work closely with senior management. VRG Announces Interline Agreement with Copa
BRAZIL : GOL Linhas Aéreas Inteligentes S.A., the parent company of Brazilian airlines GOL Transportes Aéreos S.A. and VRG Linhas Aéreas S.A., announces an interline agreement between VRG and Panama-based Copa Airlines. GOL Reports Net Revenues of BRL1.6 billion for 1Q08
BRAZIL : GOL Linhas Aéreas Inteligentes SA announced financial results for the first quarter of 2008. GOL reported net revenue of BRL1.6 billion, an increase of 54.3% year-on-year, while ancillary revenues increased 63.5% to BRL107.7 million. GOL stated that its net income, excluding VRG, reached BRL200.1 million. GOL Announces the Payment of 1Q08 Dividends
BRAZIL : GOL Linhas Aéreas Inteligentes SA, the parent company of Brazilian airlines, GOL Transportes Aéreos SA and VRG Linhas Aéreas SA, announced to shareholders that its Board of Directors, at a meeting held on 25-Apr-07, approved the payment of intercalary dividends, referring to the first quarter of the fiscal year of 2008. GOL Publishes 2007 Corporate Responsibility Report
BRAZIL : GOL Linhas Aéreas Inteligentes SA, the parent company of Brazilian airlines GOL Transportes Aéreos SA and VRG Linhas Aéreas SA, published its 2007 Corporate Responsibility Report. The report is published annually by GOL and includes information about various activities and projects performed by the Company in assistance of various groups. VRG Restructures International Route Network
BRAZIL : GOL Linhas Aéreas Inteligentes SA, the parent company of Brazilian airlines GOL Transportes Aéreos SA and VRG Linhas Aéreas S.A., announced that VRG is restructuring its international routes, focusing on better adapting to market conditions, increasing its presence in the domestic and South American markets and concentrating efforts on routes where it maintains competitive advantages. GOL announces traffic statistics for Mar-08
BRAZIL : GOL Linhas Aéreas Inteligentes SA, the parent company of Brazilian carriers, GOL Transportes Aéreos SA and VRG Linhas Aéreas SA, released preliminary traffic statistics for the month of Mar-08. Consolidated domestic passenger traffic for Mar-08 increased 28% and capacity increased 38% year-on-year. Domestic consolidated load factor for the month was 58% and international consolidated load factor was 55%. GOL’s total load factor was 57%. GOL announces new flight network for GTA
BRAZIL : GOL Linhas Aéreas Inteligentes S.A., the parent company of Brazilian airlines GOL Transportes Aéreos S.A. (GTA) and VRG Linhas Aéreas S.A. (VRG), announced that GTA will commence operating its new flight network, including connections from Congonhas Airport to other cities in Brazil. Effective immediately, GTA will offer 12 new flight options. VRG expands domestic network
BRAZIL : GOL Linhas Aéreas Inteligentes S.A., the parent company of Brazilian airlines, GOL Transportes Aéreos S.A. and VRG Linhas Aéreas S.A., announced plans to expand VRG’s domestic network. The expanded network, which was initiated to broaden the Company’s presence in high traffic business markets, will improve the Company’s connectivity and distribution to several domestic destinations. VRG implements Sabre Solution to optimise customer service
BRAZIL : GOL Linhas Aéreas Inteligentes, the parent company of VRG Linhas Aéreas S.A. announced that VRG has implemented Sabre Airline Solutions. The SabreSonic suite will help VRG deliver advanced customer-focused and efficient solution, from multi-channel sales to comprehensive reporting and analysis. GOL announces traffic figures for Feb-08
BRAZIL : GOL, the parent company of Brazilian airlines GOL Transportes Aereos S.A. (GTA) and VRG Linhas Aereas S.A., announced its passenger traffic figures for Feb-08. The company stated that consolidated domestic passenger traffic (RPK) for Feb-08 grew by 17% and capacity (ASK) increased 38% year-over-year. The domestic consolidated load factor for February was 62%, whilst the international consolidated load factor was 55%. GOL reports net loss of USD13.8 million in Q407
BRAZIL : (XFN Asia) GOL Linhas Aereas Inteligentes reported a fourth quarter consolidated net loss of USD13.8 million, down from a net profit of 52.9 million previously as it incorporated its VARIG unit's results for the first time and as operational restrictions hit load factors and increased ground times. GOL Jan-08 traffic and capacity rise; load factor falls
BRAZIL : (XFN Asia) GOL Linhas Aereas Inteligentes reported its traffic and capacity for Jan-08 increased, although its load factor slipped. VRG redefines its business strategy
BRAZIL : GOL Linhas Aéreas Inteligentes, the parent company of Brazilian airlines, GOL Transportes Aéreos and VRG Linhas Aéreas, announced changes in VRG’s business strategy. The measures are expected to optimise the company’s route network and improve efficiency within the airline group. GOL announces share buyback and 2008 dividend policy
BRAZIL : GOL Linhas Aéreas Inteligentes, the parent company of Brazilian airlines, GOL Transportes Aéreos and VRG Linhas Aéreas, announced that its Board of Directors has authorised a share buy-back programme and approved the Company’s 2008 dividend policy. GOL Announces Interline Agreement with KLM
BRAZIL : GOL Linhas Aéreas Inteligentes, the parent company of Brazilian airlines GOL Transportes Aéreos SA and VRG Linhas Aéreas SA has entered an interline agreement with KLM Royal Dutch Airlines. GOL celebrates seventh anniversary as one of Latin America's largest airline groups
BRAZIL : GOL Linhas Aereas Inteligentes, the parent company of Brazilian airlines, GOL Transportes Aereos and VRG Linhas Aereas, celebrated on 15-Jan-08 its seventh anniversary of operations. The group has transported more than 75 million passengers across Brazil and South America during the seven-year period. GOL increases B737-800 order to 161 aircraft; announces fleet modernisation and renewal plan
BRAZIL : (c) Centre for Asia Pacific Aviation: GOL Linhas Aereas Inteligentes, the parent company of Brazil’s GOL Transportes Aereos and VRG Linhas Aereas, announced it has exercised firm orders for 34 B737-800 aircraft, completing the purchase option for 121 aircraft negotiated in Oct-06, and has signed a new contract for the acquisition of 40 additional aircraft for delivery in 2012-2014. GOL “Fly Easy” purchase programme reaches more than one million applications
BRAZIL : (c) Centre for Asia Pacific Aviation: GOL Linhas Aereas Inteligentes, the parent company of GOL Transportes Aereos and VRG Linhas Aereas, announced that GOL’s Fly Easy Purchase Programme has received over one million applications since its launch two years ago. The programme, which allows customers to pay for airline tickets in up to 36 monthly installments, has issued more than 630,000 cards since Nov-05. GOL considering expansion opportunities; sees 14% rise in passengers in 2008
BRAZIL : (XFN Asia) GOL Linhas Aereas Inteligentes stated it is eyeing expansion opportunities as it forecast a 13.6% rise in passenger numbers next year and growth in its operating margin of up to 10 ppts. GOL launches services to Sao Jose dos Campos, Sao Paulo
BRAZIL : (CAPA FREE) GOL Linhas Areas Inteligentes, the parent company of Brazils low-cost airlines, GOL Transportes Areos and VRG Linhas Areas, announced that GOL has commenced daily service to its 59th destination, So Jos dos Campos, in So Paulo. GOL Group announces traffic statistics for Oct-07
BRAZIL : (CAPA) GOL Linhas Areas Inteligentes, the parent company of Brazils LCCs GOL Transportes Areos (GOL) and VRG Linhas Areas. (Varig), released preliminary passenger statistics for Oct-07. Consolidated domestic passenger traffic (RPK) for the month increased 47% year-on-year on a 48% capacity (ASK) increase. GOL completes USD310 million facility for pre-delivery payments on 21 Boeing aircraft
BRAZIL : (CAPA) GOL Linhas Aereas Inteligentes, the parent company of Brazils low-cost airlines, GOL Transportes Aereos. and VRG Linhas Aereas, announced its subsidiary, GOL Transportes Aereos, has concluded a committed aircraft pre-delivery payment loan facility in the amount of USD310 million for all 21 of its B737-800 aircraft to be delivered in 2008 and 2009. GOL plans 20% reduction in Carbon Dioxide Emissions per ASK by 2012
BRAZIL : (CAPA) GOL Linhas Areas Inteligentes the parent company of Brazils low-cost airlines, GOL Transportes Areos and VRG Linhas Areas (which operates the Varig brand), plans a 20% reduction in carbon dioxide emissions per ASK by 2012. GOL announces interline agreement with Air France
BRAZIL : (CAPA) GOL Linhas Areas Inteligentes, the parent company of Brazils low-cost airlines, GOL Transportes Areos and VRG Linhas Areas, entered into an interline agreement with Air France. GOL negatively impacted by reduction in demand during Aug-07
BRAZIL : (CAPA) GOL Linhas Aereas Inteligentes , parent company of Brazil's low-cost airlines GOL Transportes Aereos and VRG Linhas Aereas, released preliminary passenger statistics for Aug-07, revealing consolidated domestic passenger traffic (RPK) for the month increased only 1% year-on-year on a 44% capacity (ASK) increase. Domestic consolidated load factor for the month was 54%, while international market consolidated load factor was 55%. GOL's total consolidated load factor for Aug-07 was 54%. Average fares increased approximately 4% year-on-year. Brazil's Gol ratings affirmed at 'BB+' with stable outlook - Fitch
BRAZIL : (AFX) - Fitch ratings affirmed the 'BB+' foreign and local issuer default ratings of Gol Linhas Aereas Inteligentes SA with a stable outlook reflecting the Brazilian airliner's low-cost structure, strong cash flow generation, business position and moderate leverage. GOL enters interline agreement with Aerolineas Argentinas
BRAZIL : (CAPA) GOL Linhas Aereas Inteligentes SA, parent company of LCC, GOL Transportes Aereos SA (GOL) and VRG Linhas Aereas SA (Varig), entered into an interline agreement with Aerolineas Argentinas. GOL Launches Flights to Cruzeiro do Sul, in Acre
BRAZIL : GOL Linhas Areas Inteligentes launched flights to Cruzeiro do Sul, in northwest Acre. With the addition of this new destination, GOLs daily flights from Fortaleza will reach the furthest regions of Brazil through connecting flights in Belm, Manaus, Porto Velho and Rio Branco. Gol renews internet services agreement with Navitaire
BRAZIL : Gol updated and renewed (29-Nov-06) its reservation system agreement with Navitaire, a wholly-owned subsidiary of Accenture, enhancing the carriers existing internet sales and support arrangements. Gol feels the effects of Brazilian air traffic controller protest
BRAZIL : Brazilian LCC, Gol, forecasts (23-Nov-06) reductions in short term domestic demand and net revenues, due to delays resulting from a protest by air traffic controllers. GOL denies interest in Varig
BRAZIL : GOL confirmed (25-May-06) it has no plans to link its proposed Mexican LCC with Varig, GOLs Mexican LCC JV to launch in Jun-06
BRAZIL : GOL reportedly (18-May-06) plans to launch Alma or Aerolineas Mesoamericanas, its LCC JV, on 15-Jun-06, GOLs maintenance centre to open Jul-06
BRAZIL : GOL confirmed (08-May-06) plans to open its new USD12 million maintenance centre at Confins Airport in Belo Horizonte, Minas Gerais State, in Jul-06 GOL wins approval for Chile services.
BRAZIL : GOL announced (26-Apr-06) it has been awarded rights by Brazilian authorities to operate 21 weekly frequencies to the Chilean capital Santiago GOL achieves 81% of revenue online in 2005.
BRAZIL : GOL confirmed (13-Mar-06) online ticket sales in 2005 of approximately BRL2.6 billion accounted for 81% of the carriers BRL3.2 billion total sales. GOL plans USD2.5 billion investment to 2010.
BRAZIL : GOL confirmed (23-Feb-06) plans to invest BRL5.2 billion (USD2.45 billion) between 2006 and 2010 with particular emphasis on expanding its fleet. GOL increases Boeing order.
BRAZIL : GOL increased (06-Feb-06) the number of firm orders with Boeing, from 65 to 67 aircraft GOL launches online cargo service.
BRAZIL : GOL launched (03-Feb-06) Gollog, a pre-paid online cargo transport service, GOL confirms equity structure in new Mexican JV LCC.
BRAZIL : GOL announced (13-Dec-05) the establishment of a Mexican-controlled holding company, Controladora Prosea, in which GOL will hold 25% of voting shares and approximately 47.6% of total capital with the remainder held by Mexican investors. |
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