LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol [Reuters]
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Source: Reuters
Brazilian carrier Gol or other sources, opting to look for alternative narrowbody aircraft after talks failed. The two airlines clashed shortly after Gol in the U.S. in January, with Gol accusing LATAM of 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 comment on LATAM's letter. LATAM said that the "scarcity of available B737 aircraft, as well as the debtors' refusal to cooperate" had forced LATAM to pursue alternative narrowbody aircraft to bolster its fleet and meet rising consumer demand. Report this ad "LATAM has been unable over the last several months - despite its extensive efforts - to
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- 4/24/24 - Beat
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Sec Filings
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- 5/1/24 - Form PX14A6G
- 4/24/24 - Form PX14A6G
- BA's page on the SEC website