American Airlines completed the acquisition of a minority stake in GOL Linhas Aéreas for $200m.

American Airlines, American airline company, completed the acquisition of a minority stake in GOL Linhas Aéreas, a low-cost Brazilian airline, for $200m. "American has long been the leading U.S. carrier to South America and our exclusive partnership with GOL solidifies that leadership position. Our long-haul network marries seamlessly with GOL's strong domestic network in Brazil and together, we will be able to offer customers flying to, through and from Brazil, access to the largest network with the lowest fares and the Americas' biggest and best joint travel loyalty program," Robert Isom, American Airlines President.