Tag Archives: Gol Linhas Aereas Inteligentes

Gol to acquire regional carrier MAP Linhas Aéreos

GOL Linhas Aéreas Inteligentes S.A. has announced it has entered into an agreement to acquire MAP Transportes Aéreos Ltda. (MAP Linhas Aéreos), a Brazilian domestic airline with flight routes to regional destinations and São Paulo’s Congonhas Airport.

The acquisition reflects the Company’s on-going commitment to expanding the demand for passenger air transportation in Brazil and what its Management perceives to be an unparalleled market opportunity for rational consolidation in the Brazilian aviation market, as the country’s economy recovers from Covid-19.

Photo: Wikipedia.

Founded in 2011, MAP is the fifth-largest Brazilian domestic airline, with a fleet of seven 70-seat ATR 72s that operate on routes in the Amazon region from the Manaus Airport and Brazil’s South and Southeast regions from Congonhas, the country’s largest domestic airport. The realization of this Transaction will reinforce GOL’s leading positioning in two of of its main bases, with growth of approximately 10% at CGH via the addition of 26 daily flights. Thus, the Company will be able to serve new destinations connecting South America’s largest city to historically underserved domestic markets, as the restrictions resulting from the pandemic are reduced or eliminated.

GOL sees three core benefits of the Transaction:

  1. Expansion of New Routes. The Company intends to offer new destinations and routes, complementary to its current network at Congonhas Airport, that will provide a wider range of flight options for passengers and greater convenience for Clients.

    “We believe the GOL network is the most attractive option in Brazil for both business and leisure Clients in terms of the cost, service and availability of flights,” said Edu Bernardes, Vice-president of Sales and Marketing.

  2. Offering Higher Seat Density to Historically Underserved Markets. In addition to expanding to new routes, the Company will provide a substantially higher number of seats per flight than currently available by MAP to these markets. The ATRs will be substituted for larger and more efficient aircraft, giving continuity to GOL’s regional strategy, that today operates on 23 Boeing 737-700s – a model that can be substituted with even more efficient aircraft in the future.

    “By servicing these routes with more modern and larger aircraft, the Company will increase the number of flights and seats from one of the main markets in the country,” said Celso Ferrer, Vice-president of Operations.

  3. Enhancing Cost-Efficient Operations. With unit costs among the lowest in the world, GOL will offer greater efficiency in Congonhas with these new operations. These lower costs enable the Company to offer more competitive ticket prices than any competitor in Brazil to markets typically serviced by competitors with smaller and less efficient aircraft, providing benefits of scale from GOL’s operations.

    “The Transaction is another example that the Company is ready to resume its sustainable growth and investment in Brazilian air transportation, supported by substantially lower operating costs than the competition,” added Richard Lark, CFO.

Transaction Terms and Conditions. MAP will be acquired for R$28 million in cash and stock, to be paid upon satisfaction of all closing conditions, comprised of 100,000 GOLL4 shares at R$28 per share and R$25 million in cash to be paid in twenty-four monthly installments. At closing, the Company will assume up to R$100 million of MAP’s financial obligations. The Transaction closing is subject to certain conditions precedent, including approvals and confirmations by Brazil’s National Civil Aviation Agency (ANAC) and by Brazil’s Administrative Council for Economic Defense (CADE).

GOL becomes the first airline to resume commercial flights with the Boeing 737 MAX

GOL, Brazil’s largest domestic airline, has announced that it will resume flying the Boeing 737 MAX on commercial routes in its domestic network, starting December 9, 2020. The first flights will be on routes to and from the Company’s hub in São Paulo. By the end of December, all seven Boeing 737 MAX aircraft in GOL’s current fleet should be cleared to return fully to operation and will be gradually reincorporated into the Company’s flight schedules in alignment with its operational needs. 

“Our first priority is always the Safety of our Customers,” says Celso Ferrer, VP of Operations at GOL and a commercial pilot who regularly flies Boeing planes and is already trained to fly the 737 MAX. “Over the past 20 months, we have watched the most comprehensive safety review in the history of commercial aviation unfold, bringing together regulatory agencies and airlines from around the world to monitor and contribute to the upgrades in aircraft systems and pilot training. Consequently, following the new certification of the Boeing 737 MAX by the FAA (Federal Aviation Administration, United States) and ANAC (National Agency Civil Aviation Administration, Brazil), we are fully confident in the MAX’s return to service,” Added Celso. 

Before reintegrating the MAX-8 into its fleet, GOL conducted training for 140 of its pilots in conjunction with Boeing, meeting all the technical and operational requirements outlined in the plan approved by FAA and ANAC. The trainings took place in the United States using a MAX simulator. The Company also completed a rigorous series of technical flights, which exceeded the requirements set out by aviation regulatory agencies. 

These Safety actions reinforced the meticulous work of removing the MAX-8 aircraft from storage by the aviation engineers at GOL Aerotech, the Company’s business unit specialized in maintenance, repairs, aircraft servicing and components, based in Confins near the city of Belo Horizonte in southeast Brazil and where the aircraft were located for the past 20 months. The work performed by the Company professionals at every stage is a testament to GOL’s culture of excellence in Safety.

The Company’s experience and resources for maintaining Boeing aircraft also contributed to the ability to quickly and safely return the MAX to its network. GOL Aerotech is qualified to perform maintenance on Boeing 737 Next Generation, 737 Classic, 737 MAX and Boeing 767 family aircraft. With over 760 employees, including engineers and technicians, the business unit is able to service 80 aircraft per year on average and provide over 600,000 hours of maintenance. It is certified by national and international regulators such as ANAC, the FAA (Federal Aviation Administration, United States) and the EASA (European Union Aviation Safety Agency).

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Gol cancels 34 Boeing 737 MAX orders

Gol Linhas Aéreas Inteligentes S.A. has announced it reached an agreement with the Boeing Company (“Boeing”) regarding the 737 MAX, which includes cash compensation and changes to future orders and associated payment schedules.

“Gol remains fully committed to the 737 MAX as the core of its fleet and this agreement further enhances our successful long-term partnership with Boeing,” said Paulo Kakinoff, Gol’s CEO.

Since its founding nearly twenty years ago, Gol has operated a single fleet of Boeing aircraft. The Company is one of Boeing’s largest customers for the 737 family globally and to date has received and operated over 250 Boeing 737 aircraft. Through this valuable partnership with Boeing, Gol has delivered the Brazilian market one of the most successful low-cost carriers in the world.

In the first quarter of 2019, the unexpected grounding of the 737 MAX by regulatory agencies worldwide, including the FAA, the EASA and the ANAC, resulted in seven (7) of Gol’s operational 737 MAX aircraft being grounded, and the non-delivery of 25 737 MAX aircraft scheduled for 2019. This grounding adversely impacted GOL’s operations, growth and fleet renewal plan.

After carefully considering these impacts, the Company and Boeing reached an agreement that provides Gol with compensation and flexibility to implement its dynamic fleet requirements to match supply with demand. While the details of the agreement are confidential, it includes cash compensation and the termination of 34 orders, reducing the Company’s remaining firm orders for 737 MAX aircraft from 129 to 95 and increasing flexibility to meet Gol’s future fleet needs.

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Gol reduces network, maintains service to all Brazilian capital cities

Gol Linhas Aéreas Inteligentes S.A., Brazil’s largest domestic airline, announces a further readjustment of its domestic flight network, effective for the period from March 28 (Saturday) through to May 3 (Sunday), in response to the lower demand during coronavirus pandemic.

As Brazilians take responsible steps to socially distance and avoid travel, Gol will maintain an essential network of 50 daily flights between the São Paulo International airport in Guarulhos (GRU) and the other 26 capital cities of Brazil.

All of Gol’s regular regional and international operations will be suspended. This brings the total reduction in Gol’s total flight capacity to approximately 92% in domestic markets and 100% in international markets until early May.

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Gol’s statement on the Delta-LATAM partnership

GOL Linhas Aéreas Inteligentes S.A. statement:

Delta has been terrific partner of GOL and we wish them well. We valued our partnership with Delta, and are gratified to see its continuing confidence in the Latin American aviation market.

The phase out of this codeshare and investment in our non-voting shares is not expected to have a significant financial impact to GOL as the current relationship provided approximately 0.3% of GOL’s total revenues.

During the transition period, GOL will work with Delta to ensure a seamless experience for customers. GOL Airlines is the largest Brazilian domestic carrier and we look forward to competing and growing in our markets. GOL has had a strong year with our passenger revenue up 37.9% year-over-year in 2Q19, and we are confident about our year-end results.

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Gol announces new nonstop flights to Lima, Peru

Gol Transportes Aereos Boeing 737-8EH WL PR-GTA (msn 34474) SCL (Alvaro Romero). Image: 946390.

Gol Linhas Aéreas Inteligentes S.A. haannounced the expansion of its international network with regular flights to Lima, Peru.

This will be the 15th international destination that Gol will serve, beginning on December 12, 2019, with direct flights from the Guarulhos Airport in São Paulo to the Peruvian capital.

The route will be operated with Boeing 737 aircraft.

Top Copyright Photo (all others by the airline): Gol Transportes Aereos Boeing 737-8EH WL PR-GTA (msn 34474) SCL (Alvaro Romero). Image: 946390.

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Gol accelerates its fleet renewal to the Boeing 737 MAX 8

Gol Linhas Aéreas Inteligentes S.A. has announced a further acceleration of its fleet renewal and modernization plan and the execution of sale and leaseback agreements, with Castlelake and Apollo Aviation, for 13 Boeing 737 Next Generation (NG) aircraft in the Gol fleet that will be replaced with Boeing 737 MAX 8 aircraft over the next few years.

Due to favorable market conditions for transactions with its Boeing 737 NGs, Gol has accelerated its fleet renewal and modernization plan with sale and leaseback transactions of 13 Boeing 737-800 NG aircraft that will be removed from the fleet during 2019-2021.

 

The accelerated fleet renewal will not alter Gol’s planned capacity, as these aircraft will be returned simultaneously with the receipt of new Boeing 737 MAX 8 aircraft under its order with Boeing and recent direct operating leases of 11 737 MAX8 aircraft.  The accelerated return of NGs will allow Gol to finish 2019 and 2018 with 24 and 34 737 MAX 8s in its operating fleet, respectively.

The 737 MAX will be the backbone of Gol’s fleet, increasing average seat per aircraft and bringing incremental cost per seat to very low levels. 

By 2023, over 40% of the fleet with be comprised of 737 MAXs and over the next five years the transition to the MAX is expected to increase productivity by over 20% and reduce fuel consumption.

Compared to Gol’s 737-800 NG aircraft, the 737 MAX 8 has decreased fuel consumption on GOL’s routes by approximately 15%.   

 

Expanded Delta-GOL codeshare connects Florida to Brasilia and Fortaleza

Gol's first Boeing 737-8 MAX 8

Delta Air Lines and GOL Linhas Aéreas Inteligentes SA announced four daily nonstop codeshare flights connecting Miami and Orlando with Fortaleza and Brasilia.

“This is the most significant expansion we have done with GOL since last year, when we announced international codeshare in South America, and it is the next step as we grow our alliance partnership,” said Luciano Macagno, Delta’s Managing Director – Latin America and the Caribbean. “Codesharing on these flights shows our commitment to Brazil and to Florida and our desire to offer our customers more access between Northern Brazil and the U.S.”

Customers traveling to Orlando from Brasilia and Fortaleza will be able to connect to six of Delta’s domestic hubs as well as several focus cities, providing access from coast to coast with flights to Los Angeles and New York as well as to Detroit, Minneapolis-St. Paul, Salt Lake City and to Delta’s headquarters city, Atlanta.

“We are excited to connect our capital and Fortaleza to the U.S. with Delta as our partner,” said Celso Ferrer—GOL’s Vice President – Planning. “This network expansion enhances a successful alliance focused on providing our customers improved services, more options and the best experience in every step of their journey.”

The Brasilia and Fortaleza hubs provide connectivity to 12 destinations in the interior of Brazil, including Belem (BEL), Belo Horizonte (CNF), Recife (REC), Natal (NAT), Manaus (MAO), Salvador (SSA), Maceió (MCZ), São Luís (SLZ), Cuiaba (CGB), Palmas (PMW), Teresina (THE), and Porto Velho (PVH).

The codeshare schedule of daily flights between Orlando, Miami, Fortaleza and Brasilia is as follows:

Southbound itinerary

Flight Number City Pair Departs Arrives
DL7601 MCO-BSB 9:30 p.m. 8:20 a.m. (next day)
DL7655 MCO-FOR 9:45 p.m. 7:15 a.m. (next day)
DL7749 MIA-BSB 9:45 p.m. 8:20 a.m. (next day)
DL7733 MIA-FOR 10 p.m. 7:15 a.m. (next day)

Northbound itinerary

Flight Number City Pair Departs Arrives
DL7600 BSB-MCO 9:50 a.m. 2:50 p.m.
DL7748 BSB-MIA 9:50 a.m. 2:25 p.m.
DL7654 FOR-MCO 8:35 a.m. 2:25 p.m.
DL7732 FOR-MIA 8:35 a.m. 2:05 p.m.

The route will be serviced with GOL’s Boeing 737 MAX 8 aircraft (top). These aircraft feature 186 seats and GOL+Conforto spaces, which have up to 34-inch pitch and up to 50 percent greater seatback recline than a standard economy seat, as well as GOL Premium class on all international flights.

In addition to the codeshare expansion to Brazil, the airlines announced last year their international codeshare in South America, where GOL began offering codeshare flights between Santiago, Chile, to other destinations served through the partnership with Delta, providing customers from both airlines with increased travel options to and from the United States and South America.

Since the alliance between Delta and GOL started nearly seven years ago, the airlines provide access to 99 percent of the destinations in Brazil. Today, the airlines have more than 330 codeshare flights together, to more than 321 destinations in nearly 60 countries. A third of the passengers that fly Delta (from Brazil) to the United States start their travel with GOL. Delta’s capacity to Latin America is up 41 percent versus a decade ago, significantly outpacing competitors, and Delta is the only major U.S. global carrier to fly more flights to Latin America than it did a decade ago.

Top Copyright Photo: Gol Transportes Aereos Boeing 737-8 MAX 8 N6046P (PR-XMA) (msn 43986) BFI (Joe G. Walker). Image: 942460.

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Gol orders 15 APB Split Scimitar Winglet sets for its Boeing 737-800s

Gol 2015 WL (RDC)(LRW)

Aviation Partners Boeing (APB) (Seattle) has announced Gol Linhas Aereas Inteligentes Airlines (Gol Transportes Aereos) (Sao Paulo) has ordered Split Scimitar Winglets for 15 of its Boeing Next-Generation 737-800 aircraft.

According to APB, “APB’s latest program is the culmination of a five-year design effort using the latest computational fluid dynamic technology to redefine the aerodynamics of the Blended Winglet into an all-new Split Scimitar Winglet. The unique feature of the Split Scimitar Winglet is that it uses the existing Blended Winglet structure, but adds new aerodynamic scimitar tips and a large ventral strake.”

Aviation Partners Boeing logo

APB has now developed and certified the Split Scimitar Winglet System for all commercial variants of the Boeing Next-Generation 737, including the: 737-700, 737-800, 737-900, 737-900ER and Boeing Business Jets.

Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. Gol is already a customer for the original APB Winglets. The airline will now upgrade to the latest design.

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The new Gol – a closer look

Gol's new livery unveiling 7.15.15 CNF (RDC)(LRW)

Gol Linhas Aéreas Inteligentes S.A. (Gol Transportes Aéreos) (São Paulo), as we previously reported, unveiled a new look yesterday (July 15).

The pictured Boeing 737-8EH PR-GXZ (msn 40739) (above) was presented to the media and guests at the Gol Maintenance Center at Confins International Airport at Belo Horizonte (CNF/SBCF). CNF is the Gol’s main maintenance center.

Above Copyright Photo: Rodrigo Cozzato/AirlinersGallery.com. PR-GXZ is later rolled out into the sunshine at Belo Horizonte.

Gol 737-800 WL PR-GXZ (15)(Tail) CNF (RDC)(LRW)

In addition to the new visual identity (everything will change, from the website to the aircraft, through uniforms, napkins, cups, tickets etc.), the company presented the new seats, now in ecological leather.

Gol 2015 seat (RDC)(LRW)

Above: The new seats.

The pictured PR-GXZ is also the 100th 737NG purchased directly from Boeing. Gol has a total fleet of 140 aircraft. Gol also has 15 737NG to be delivered through 2018, which can be converted to the newer 737 MAX.

Gol 2015 logo (LRW)

In 2018, Gol will receive the first 737 MAX. In all, 100 units were purchased.

Finally, Gol announced a partnership with Go Go to offer a complete inflight entertainment system with on demand Wi-Fi content and streaming – all offered free in a basic page or premium paid packages.

Gol CEO Paulo Kakkinof (RDC)(LRW)

Above Photo: Gol CEO Paulo Kakkinof.

Gol 2015 WL (RDC)(LRW)

Rodrigo Cozzato reporting from Belo Horizonte.

All Copyright Photos by Rodrigo Cozzato/AirlinersGallery.com.

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