Shareholders Vote to Take GOL Linhas Aéreas Private

A pivotal shareholder meeting for GOL Linhas Aéreas Inteligentes has culminated in a decision to privatize the Brazilian airline, marking a definitive end to its tenure as a publicly traded entity. This landmark vote sets the stage for a profound corporate transformation, taking the company off the public markets.

Even as the company navigated complex financial restructuring, its operational performance soared. The carrier demonstrated remarkable strength in 2024, transporting 30 million passengers and earning the distinction of Brazil’s most punctual airline, supported by a modern fleet of Boeing 737 MAX aircraft.

The airline’s loyalty program, Smiles, achieved record-breaking results with 24 million members generating 5.3 billion Brazilian Real in revenue. Meanwhile, Read more...