Gol Linhas Aereas Inteligentes SA (GOL.N)
SAO PAULO, May 4 Shares in Gol Linhas Aéreas Inteligentes SA posted their biggest intraday gain in over five weeks on Wednesday, a day after Brazil's most indebted airline proposed investors to take losses of up to 70 percent on $780 million of outstanding bonds.
SAO PAULO, May 3 Gol Linhas Aéreas Inteligentes SA plans to propose bondholders take losses of up to 70 percent in some of their bonds as Brazil's second-largest airline strives to overcome a steep recession and plunging air travel demand.
SAO PAULO, May 3 Gol Linhas Aéreas Inteligentes SA plans to propose to bondholders taking losses of up to 70 percent on some of their bonds, as Brazil's second-largest airline struggles to overcome a steep recession and plunging demand for air travel.
SAO PAULO, April 27 A group of bondholders in Brazilian airline Gol Linhas Aereas Inteligentes SA has hired law firm White & Case LLP to advise on a planned debt restructuring.
SAO PAULO, March 30 Brazilian airline Gol Linhas Aereas faces no risk of insolvency in the short term, Chief Executive Paulo Kakinoff told journalists on an earnings call on Wednesday, adding that the company was looking to renegotiate its debts due to medium- and long-term concerns. (Reporting by Brad Haynes; Editing by Chizu Nomiyama)
SAO PAULO, March 30 Brazilian airline Gol Linhas Aereas made deeper capacity cuts following a heavy fourth-quarter loss as an economic crisis sapped demand and weakened the local currency, driving up the cost of servicing hefty foreign debts.
SAO PAULO, March 11 Shares of Brazil's airline Gol Linhas Aereas Inteligentes SA seesawed on Friday after the company denied a media report saying Delta Airlines would inject capital in the embattled company through a share offering.
RIO DE JANEIRO, Feb 27 Brazil's second biggest airline Gol Linhas Aereas Inteligentes SA said it will get a cash injection of up to 1 billion reais ($251 million) and announced cuts to its routes and aircraft fleet in an effort to trim costs amid weak demand.
SAO PAULO/BRASILIA, Feb 1 Shares of Brazilian airline Gol soared nearly 30 percent on Monday on higher ticket prices and a newspaper report that the government could scrap limits on foreign ownership of domestic airlines to attract investment to the struggling sector.
* Brazilian airline Gol says will allow pregnant travelers to zika regions to reschedule flights or receive credit Further company coverage: (Reporting By Rosalba O'Brien)
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