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South America 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 to begin regular flights to Punta Cana
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and BM&FBOVESPA: GOLL4), the largest low-fare and low-cost airline in Latin America, will launch scheduled flights to a new international destination: Punta Cana, in the Dominician Republic. GOL launches new structure of its fare categories
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and BM&FBOVESPA: GOLL4), the largest low-fare and low-cost airline in Latin America, launches new structure of its fare categories. GOL inaugurates maintenance center expansion
The complex is the most advanced in Latin America; Federal Aviation Administration (FAA) Boeing readies GOL airplane with chrome-free paint for reduced environmental impact
Boeing (NYSE: BA) recently prepared a new GOL Airlines 737-800 for Boeing's first-ever application of a chrome-free primer to a single-aisle airplane bound for revenue service. 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: navAero announces EFB contract with GOL for global communications system program
navAero announced today that GOL Linhas Aéreas Inteligentes S.A. the largest low cost airline and low fare airline in Latin America, has awarded a contract to navAero for the deployment of the tBag™C22 EFB system for GOL’s fleet of B737NGs. GOL joins international biofuel development group
GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, has joined the Sustainable Aviation Fuel Users Group (SAFUG), which unites airlines and technology providers in a joint drive to accelerate the development of new, sustainable aviation fuels for commercial use. GOL pioneers new global communication system in Brazil
GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, is adopting a new communications and operational management system with global coverage based on the Iridium satellite network. 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 Announces New Position: Vice President of Management & Personnel
GOL Linhas Aéreas Inteligentes S.A. (Company, Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, announces the creation of a new position, Vice President of Management and Personnel, which will be led by senior executive Ricardo Khauaja (39). GOL Announces June 2009 Traffic Figures
GOL Linhas Aéreas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low cost and low tariff airline in Latin America, announces its preliminary traffic figures for June 2009. Management Comments June 2009 reflected the beginning of activities related to the gradual and planned increase in the utilization of the Company’s operational fleet, an important factor in diluting operating costs . GOL Announces Partnership with Bradesco and Banco do Brasil
GOL Linhas Aéreas Inteligentes S.A. (Company, Bovespa: GOLL4 and the largest low-cost and low-fare airline in Latin America, announces that on today's date its subsidiary VRG Linhas Aéreas S.A. formalized a partnership with Bradesco and Banco do Brasil (Financial Institutions) through an Operating Agreement (Operating Agreement) for the issue and administration of co-branded credit cards. GOL is now publishing its Corporate Acts
GOL Latin America’s largest low-cost airline hereby informs to its Shareholders and to the general public that its Board of Directors, at a meeting held on 17-Jun-2009, made a resolution, due to the discontinuance of the circulation of Gazeta Mercantil newspaper, to the effect that the corporate acts of the Company shall hereinafter be published in Valor Econômico newspaper. 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. VivaAerobus discontinues Austin- Puerto Vallarta and Austin - Cancun services
MEXICO : VivaAerobus will cease its operations at Austin-Bergstrom International Airport effective 01-Jun-09. VivaAerobus operations included Austin to Cancun and Austin to Puerto Vallarta nonstop flights. The carrier’s final flights in Austin will be on 31-May-09. Volaris to launch Oakland-Toluca and Guadalajara services
MEXICO : Volaris Airlines, headquartered in Santa Fe, Mexico DF, announced (27-Apr-09) plans to begin low-cost, nonstop flights between Oakland International Airport (OAK) and both Toluca and Guadalajara, Mexico, beginning 02-Jul-09. Volaris Airlines, cuya base está en Santa Fe, acaba de anunciar (27 Abr 09) sus planes de ofrecer vuelos entre el Aeropuerto Internacional de Oakland con las ciudades mexicanas de Toluca y Guadalajara el próximo 2 de julio de 2009. 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 appoints new Chief Financial Officer
GOL announced (02-Feb-09) Leonardo Pereira as GOL´s executive vice-president and chief financial officer. Pereira will assume the senior executive position occupied by Richard Lark until Jun-08, when he transitioned his executive responsibilities, and will be responsible for the Finance, Investor Relations, Accounting and Taxes, Financial Planning and Corporate Budget departments. GOL reports Dec-08 traffic results
GOL Linhas Aereas Inteligentes S.A. released (08-Jan-09) preliminary passenger statistics for the month of Dec-08. Domestic passenger traffic (RPK) for Dec-08 decreased 1.7% and capacity (ASK) increased 5.1% year-over-year (vs. Dec-07). Domestic load factor for the month was 68% and international load factor was 49%. GOL’s total system load factor for the month of December was 65%. Azul Linhas Aereas takes delivery of Embraer 195 jet
Embraer delivered the first EMBRAER 195 jet to Azul Linhas Aéreas Brasileiras, which will be the first Brazilian airline to operate the E-Jets. The contract is for 36 firm orders: 31 EMBRAER 195s and five EMBRAER 190s. The deal was announced in Mar-08, and also includes options for another 20 aircraft and purchase rights for another 20. GOL announces Nov-08 traffic
GOL Linhas Aereas Inteligentes S.A. released (05-Nov-08) preliminary passenger statistics for the month of Nov-08. Domestic passenger traffic (RPK) for Nov-08 decreased 10.1% and capacity (ASK) increased 6.7% year-over-year (vs. Nov-07). GOL reports third quarter results
GOL Linhas Aereas Inteligentes S.A announced (16-Nov-08) preliminary unaudited financial results for the third quarter of 2008 (3Q08). Operating and financial highlights: GOL signs interline agreement with Condor Airlines
GERMANY : GOL Linhas Aéreas Inteligentes S.A, announces that it has signed an interline agreement with Germany-based Condor Airlines. Through this partnership, passengers of the European airline can purchase tickets on GOL to Belo Horizonte, Brasília, Fortaleza, Maceió, Natal, Rio de Janeiro and Paulo. GOL - Now available on Hahn Air e-tickets
With the activation of Interline E-Ticketing (IET) between GOL Linhas Aereas and Hahn Air, GOL’s flights are available for ticketing on Hahn Air (HR/169) e-tickets in some 100 countries worldwide. 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 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. vivaAerobus will offer discounts to “light passengers”
MEXICO : vivaAerobus has launched a new product for all passengers that travel with only “carry on” luggage. VivaAerobus is now offering a USD10 discount on the total fare per one-way trip for all passengers that elect not to travel with checked baggage. 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. 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%. Embraer signs USD1.4 billion contract with new Brazilian carrier
Embraer signed a contract with the newest Brazilian carrier for the sale of 36 Embraer-195 jets. The agreement also includes options for another 20 aircraft and purchase rights for 20 more. The total value of the order is estimated to be USD1.4 billion, and could reach USD3 billion, if all of the options and rights of purchase are confirmed. The new Brazilian carrier is founded by David Neeleman. 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 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. Varig commences ticket sales to Santiago (Chile)
BRAZIL : (c) Centre for Asia Pacific Aviation: GOL Linhas Aereas Inteligentes, the parent company of Brazils low-cost airlines, GOL Transportes Aereos and VRG Linhas Aereas, has commenced selling tickets for Varigs newest route: Sao PauloSantiago (Chile). 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. Varig commences ticket sales to Mexico City
BRAZIL : (CAPA FREE) GOL Linhas Aereas Inteligentes, parent company of Brazil's LCCs, GOL Transportes Aereos and VRG Linhas Aereas (Varig), began selling tickets for Varigs newest route, Sao Paulo-Mexico City, on 13-Nov-07. 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. vivaAerobus services to Austin expected to commence in Spring 2008
MEXICO : (CAPA) vivaAerobus is expected to commence operations to Austin, Texas by Spring 2008, pending the completion of a new, low cost terminal. The carrier changed its original start date in Nov-07 to Spring so that it may launch its services out of the new terminal rather than provide interim service from Austin-Bergstroms main terminal. The carrier has filed with the US Department of Transportation (DOT) to seek approval to operate from Austin to six destinations in Mexico. AWAS announces four aircraft agreement with GOL
BRAZIL : (CAPA) Aircraft lessor, AWAS, announced it has concluded the successful delivery of one B767-3010ER aircraft with GOL Linheas Aereas group. The Brazilian based airline is to use the aircraft for their subsidiary, VRG Linheas Aereas. 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. Boeing projects USD120 billion Latin America market for new commercial aircraftBoeing projects USD120 billion Latin America market for new commercial aircraft
(CAPA) Boeing forecasts that Latin American airlines will need 1,730 aircraft worth USD120 billion over the next 20 years. 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. vivaAerobus applies for DOT approval for six new routes
MEXICO : (CAPA) Mexican LCC, vivaAerobus has applied (13-Aug-07) for US DOT authority for routes between Austin, Texas and the Mexican cities of Cancun, Guadalajara, Leon, Monterrey, Puebla, and Queretaro. All are new scheduled destinations from Austin, and will be operated with B737-300 equipment, subject to regulatory approval. Copa Airlines announces new codeshare agreement with AeroMexico
MEXICO : (CAPA) Copa Airlines, subsidiary of Copa Holdings, signed a codeshare agreement with AeroMexico, to begin on 01-Aug-07. 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. Volaris to acquire 14 additional A319s
MEXICO : (CAPA) Mexican LCC, Volaris, confirmed it is to acquire 14 additional A319s, bringing its total commitment for the aircraft type up to 30. Volaris placed a first firm order for 16 aircraft in Jan-06. 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 Launches Daily Flights to Maraba, in Para
GOL Linhas Aereas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, yesterday completed the first flight to its 57th destination, Maraba, in the state of Para. GOL currently flies to 48 cities in Brazil and eight international destinations. GOL Revenue Increases 186 Percent on Argentina Routes in 2006
GOL Linhas Aereas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, ended 2006 with a 186 percent increase in revenue on its Argentinean routes -- from R$ 50.8 million in 2005 to R$ 145.2 million last year -- and represented approximately four percent of GOLs total sales in 2006. Gol to issue USD200 million in bonds
Gol announced an offering of USD200 million in senior notes through financing subsidiary, Gol Finance. Volaris to take delivery of six additional A319s in 2007
MEXICO : Mexican LCC start-up, Volaris, announced plans to take delivery of three A319s in Mar-07 and an additional three aircraft in Jun-07, Sep-07 and Oct-07. In Jul-05 it ordered 16 A319s as well as options for an additional 40 aircraft. GOL to Complete First Flight with New Boeing 737-800 SFP on Sao Paulo - Rio Shuttle Route
GOL Linhas Aereas Inteligentes (NYSE: GOL and Bovespa: GOLL4), Brazils low-cost, low-fare airline, will complete the first flight of its new 737-800 Short Field Performance (SFP) aircraft on the Sao Paulo-Rio de Janeiro Shuttle Route (departing from Congonhas Airport, Sao Paulo, and arriving at Santos Dumont Airport, Rio de Janeiro) this Saturday, February 10. 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 receives authorisation for Lima service
Gol announced (28-Aug-06) it received authorisation from the National Agency of Civil Aviation to operate up to 14 weekly frequencies to Lima, Peru. |
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