Gol Linhas Aéreas Inteligentes S.A. has filed for Chapter 11 bankruptcy due to mounting debt and operational challenges. The airline's cash pile is significantly smaller than its debt pile, and its ...
Brazilian carrier Gol has secured exit financing from unnamed investors as it works to emerge for Chapter 11 restructuring as “a well-capitalised standalone company”. Gol said in a 24 March letter to ...
Gol received $1.9 billion in financing during a17-month restructuring process and exits bankruptcy with $900 million in liquidity. Photo Credit: Thiago B Trevisan/Shutterstock.com Brazilian discount ...
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