Gol Agreement Improves Capital Structure, Credit Profile: CFO

March 8, 2023, 4:38 PM UTC

The new financing of $1.4 billion obtained by Gol will provide to the company a serious of benefits in capital structure and credit profile, and also a significant reduction in interest payments, CFO Richard Lark said in a conference call.

  • Large corporate demand is still growing in at a slow pace but co. is compensating in other segments, CEO Celso Ferrer says
    • Leisure demand remains resilient: CEO
    • Gol is ramping up capacity in domestic market and sees room for health market grow; wants to expand in international markets, CEO says
  • Seat Kilometers Provided (ASK) should remain below 2019 in Q1 ...





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