LatinNews Daily - 9 June 2025

*Brazilian airline Gol has announced the conclusion of its Chapter 11 bankruptcy protection and restructuring process overseen by the US Bankruptcy Court for the Southern District of New York. The company filed for bankruptcy in January 2024 and, according to a press release, has since raised US$1.9bn in exit financing during this judicial process. Gol’s statement highlighted that the company now has a “robust liquidity position” with around US$900m in liquid assets. The press release also hailed the company’s “standardised and modernised” fleet of aircraft. In 2024 Gol serviced or overhauled the engines of more than 50 of its Boeing planes, and its entire fleet is due to be operational again in 2026. Gol has also acquired five new units of the Boeing 737 MAX aircraft, which will be delivered this year.

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