LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
FILE PHOTO: A Boeing 737 airplane of Brazilian airlines GOL Linhas Aereas prepares to land at Santos Dumont airport in Rio de Janeiro By Dietrich Knauth NEW YORK (Reuters) - LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing B737 planes either from bankrupt Brazilian carrier Gol or other sources, opting to look for alternative narrowbody aircraft after talks failed. The two airlines clashed shortly after Gol filed for bankruptcy protection in the U.S. in January, with Gol accusing LATAM of trying to poach its planes and pilots. LATAM then offered to acquire any B737s that Gol no longer wished to operate after its bankruptcy restructuring. Gol is trying to renegotiate terms on 90 aircraft leases by the end of May, and LATAM did not say how many planes it hoped to acquire during Gol's bankruptcy. LATAM blamed Gol's "lack of meaningful engagement" for the deal's failure, in a letter filed on Wednesday in Gol's bankruptcy case. Gol declined to co
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BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form PX14A6G
- 4/24/24 - Form PX14A6G
- BA's page on the SEC website