Articles tagged “gol airlines”

Azul is now the second-largest carrier in Brazil. The pandemic did little to deter its growth, but the airline must find a solution for its increasing debt levels. Could a merger fix this?

This huge cooperation agreement between two of Brazil's three largest airlines will do little to quell speculation that a merger between Azul and Gol could be on the horizon.

South America’s Big Four—or Big Three if you count Gol and Avianca as one—are earning some of their best operating profit margins ever right now. What in the world is going on? Our feature story this week explains. 

At first glance, Gol looks like a superstar Forward. Despite the second quarter being offpeak in South America, the Brazilian low-cost carrier managed a striking 13% operating margin. That’s after hitting 17% in the busy first quarter. What’s not to like? But Gol is playing injured.

South America's airline industry is in the midst of a radical transformation, as international carriers vie to strike partnerships with the continent's airlines. American Airlines is investing $200 million in Brazil's Gol to secure more share in the continent's largest country.

Deloitte has taken the pulse of corporate America, and the 150 travel managers it surveyed are a lot more cautious than airlines would have you believe.

Airline partnerships connecting North and South America look different in 2020, with Delta a stronger contender in the region than ever before. Its $1.9 billion investment for a 20 percent stake in Chile’s Latam Airlines helps. Now, the question is how it will shape the industry — and the strategies of competitors like American Airlines.