Gol Linhas Aereas Inteligentes SA (GOL.N)
26 Aug 2014
|Market Cap (Mil.):||$862.28|
|Shares Outstanding (Mil.):||283.12|
Gol Linhas Aéreas Inteligentes SA extended on Wednesday the deadline for a tender offer to repurchase dollar-denominated bonds due in 2017. A new date was set for July 29, according to a securities filing. So far investors have tendered $87.8 million worth of the notes, or about 42 percent of the outstanding securities, the filing added. (Editing by Lisa Shumaker)
The board of directors of Brazilian airline Gol Linhas Aéreas Inteligentes SA approved unanimously on Wednesday an offer to repurchase two issuances of global bonds by two subsidiaries, as part of a plan to reduce debt.
SAO PAULO, May 29 - Gol Linhas Aereas SA has approved a capital increase of up to 185.8 million reais ($82.9 million), opening the door for an investment by Air France KLM SA as Brazil's No. 2 airline bolsters its international connections.
SAO PAULO, April 28 - Brazil airline Gol Linhas Aereas SA said first-quarter earnings will take a hit of 75.9 million reais ($34 million) because of costs associated with a drop in the Venezuelan currency from the end of 2013, according to a Monday securities filing.
(Adds CEO's quote, details of business plan, share performance)
SAO PAULO, March 26 - Brazilian airline Gol Linhas Aereas has seen higher-than-expected jet fuel prices so far this year and expects additional pressure from the cost of fuel, Chief Executive Officer Paulo Kakinoff said on a Wednesday conference call.
|Tam SA (ADR) (TAM.N)||$23.45||+0.30|