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Aircraft and carriers. GOL reemerges from the Chapter 11 restructuring

After the approval from the US Bankruptcy Court, it soars towards the future with strengthened liquidity and reduced debts

The Brazilian low-cost airline Gol Linhas Aéreas Inteligentes is poised to complete its corporate restructuring process, culminating in the approval of its reorganization plan by a US bankruptcy court. The ruling, which marks a crucial milestone for the air company, paves the way for an exit from Chapter 11 of the American bankruptcy law scheduled for early next June, promising a "strengthened competitive...

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AVIONEWS - World Aeronautical Press Agency
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