GOL Announces Acceleration of 737 MAX Fleet Renewal
Gol Linhas Aereas Inteligentes S.A. Sponsored ADR representing 2 Pfd Shares (GOL)
US:NYSE Investor Relations:
ir.voegol.com.br
Company Research
Source: PR Newswire
SAO PAULO, Dec. 10, 2018 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's #1 airline, announced today an acceleration of its fleet renewal and modernization plan and the execution of operating lease agreements for 11 Boeing 737 MAX 8 aircraft with Avolon.Result of operational gains and favorable market conditions, GOL has accelerated its fleet renewal and modernization plan with operating leases of 11 Boeing 737 MAX 8 aircraft to be received in the second half of 2019. GOL will maintain its capacity discipline, and the decision to accelerate its fleet renewal maintains the flexibility of GOL's fleet plan. The accelerated fleet renewal will not alter GOL's planned capacity, as the Company will simultaneously return and/or sell 737 Next Generation (NG) aircraft under operating and finance leases."We acquired the 737 MAX to make GOL's operations even more efficient and to offer our passengers additional flights aboard new and even more modern and sa
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