Brazilian airline GOL Linhas Aéreas Inteligentes (GOL) has announced the successful completion of its financial restructuring under Chapter 11 of the U.S. Bankruptcy Code, emerging from the process overseen by the United States Bankruptcy Court for the Southern District of New York. With a reinforced financial foundation, including US$1.9 billion in exit financing and a […]
GOL successfully completes financial restructuring Read More »
GOL Linhas Aéreas Inteligentes S.A. has announced the signing of an exit financing commitment letter with select investors as part of its ongoing Chapter 11 restructuring process in the United States. The agreement, subject to conditions including court approval, enables the investors to purchase up to US$1.25 billion of the planned US$1.9 billion debt instruments
GOL secures exit financing commitment to support Chapter 11 restructuring Read More »
Boeing plans to invest in several Québec-based enterprises, including a CA$110 million anchor investment for an Aerospace Development Centre in the new Espace Aéro Innovation Zone. These investments are part of Boeing’s industrial and technological benefits commitment to Canada, linked to the selection of Boeing’s P-8A Poseidon to fulfil its long-term multi-mission aircraft role. Boeing’s
Boeing to invest CA$240 million in multiple Québec-based enterprises Read More »
GOL Linhas Aéreas Inteligentes S.A. and its subsidiaries have voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for the Southern District of New York (the U.S. Court). Chapter 11, a U.S. legal framework, is employed by businesses to secure capital, restructure finances, and strengthen long-term business operations while maintaining normal functionality. As
GOL to use United States Chapter 11 process to strengthen financial position Read More »
GOL Linhas Aereas Inteligentes announces that, effective June 16, 2008, Richard Lark will assume a new role as a member of the Company’s board of directors and as an advisor to the Chief Executive Officer, Constantino de Oliveira Junior. As part of the board, Lark will continue to coordinate several of the Company’s policy and
GOL announces management changes Read More »
