Delta Air Lines and GOL create commercial alliance

Delta Air Lines and GOL Linhas Aereas Inteligentes announced an agreement for a long-term exclusive commercial alliance. Under the agreement, Delta and GOL, which has a 40% market share in Brazil , will expand cooperation to leverage each other’s strengths and further link Delta’s expansive network with one of Brazil ‘s largest and most successful airlines. As part of the agreement, Delta will invest $100 million in GOL and will have a seat on the GOL board of directors.