AWAS Delivers Aircraft Fleet Solution to GOL (.pdf)

Dublin based aircraft lessor, AWAS, announced today that it has agreed with GOL, the successful Brazilian-based airline, to enter into a purchase and lease back agreement for 5x Boeing 737-800s that the carrier had previously ordered directly from......

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GOL to add four new aircraft in 2011

GOL, Brazil’s largest airline by market value and the nation’s largest LCC, stated it expects to report another year of double-digit operating margins in 2011......

...The LCC plans to add four new aircraft during 2011, for a total fleet of 115 aircraft. The carrier noted that it plans to repeat the efficient management of its seating capacity that it performed in 2010 and aims to increase its capacity at a proportionally lower rate than the growth in demand in its route network. Capacity is, however, expected to exceed 2010 levels.

The main drivers of this expansion will be the additional of four aircraft in 2011 which will supplement the additional capacity crated by the addition of three aircraft in 3Q2010......

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Gol plans to finally phase out 737-300s in August

Brazilian low-cost carrier Gol plans to finally retire its last Boeing 737-300 next month, 20 months behind its initial schedule for phasing out the type. Gol, which has been rapidly expanding its Boeing 737-800 fleet, first unveiled plans in early 2008 to retire its last 737-300 at the......

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GOL To Expand 737 Fleet

Latin America’s answer to Southwest Airlines and Ryanair continues its growth trajectory with a view to securing more 737s, irrespective of whether new engines adorn future variants. GOL still has over 70 or more 737s to be delivered from its existing orders, but with Boeing all but certain to increase its production rate by between......

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Gol closes third Ex-Im bond

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Gol completed its final capital markets conversion for a $220 million Ex-Im deal mandated in 2009. The $59.2 million Ex-Im bond, which is the Gol's......