Gol Bankruptcy Shows Pandemic's Lingering Impact on Latin American Airlines [Yahoo! Finance]
Gol Linhas Aereas Inteligentes S.A. Sponsored ADR representing 2 Pfd Shares (GOL)
US:NYSE Investor Relations:
ir.voegol.com.br
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Source: Yahoo! Finance
the industry is still struggling with the pandemic's lingering financial impact years after the virus virtually disappeared from everyday life. Most Read from Bloomberg Putin Sends US Signal on Ukraine Talks, Seeing War Advantage One of World's Richest Doctors Sees Fortune Surge to $12 Billion JPMorgan Shuffles Top Managers as Jamie Dimon Prepares Successors UN Court Tells Israel to Protect Gazans, Avoids Cease-Fire Fed's Preferred Core Price Gauge Cools Amid Robust Spending Gol Linhas Aereas Inteligentes SA said on Thursday that it plans to keep operating while it goes through a bankruptcy that includes restructuring near-term financial obligations, such as renegotiating contracts with lessors. The company — whose name directly translates as Gol Smart Airlines — said it will emerge from the process with the “correct” capital structure. The no-frills carrier, which held a third of Brazil's domestic market share at the end of last year, has struggled to regain its finan
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