Announced
Completed
Financials
Sources
Tags
Private
Cross Border
Single Bidder
Majority
Acquisition
Completed
Airlines
airlines
low cost passenger airline
Brazil
Friendly
Synopsis
American Airlines, an airline company, completed the acquisiiton of a %5.3 stake in Gol Linhas Aereas Inteligentes, a Brazilian low-cost airline based in Rio, for $200m. “Through its exclusivity, the Transaction expands beyond the terms of the existing codeshare partnership between GOL and American, enhancing the travel opportunities for their passengers, the customer experience and the competitive position of GOL on routes connecting North and South America,” GOL.
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