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GOL Defers Deliveries

BRAZILIAN CARRIER, Gol Linhas Aéreas Inteligentes has delayed deliveries of 15 Boeing 737-800s.


Photo Boeing

BRAZILIAN CARRIER, Gol Linhas Aéreas Inteligentes has delayed deliveries of 15 Boeing 737-800s, citing a decline in the domestic Brazilian market. The airline reported a third-quarter net loss of BRL2.1 billion ($512 million) that it attributed to a rise in inflation, volatile exchange rates and higher credit restrictions. It has reached an agreement with Boeing to postpone the delivery of 11 jets to 2027.

Gol’s CEO Paulo Sérgio Kakinoff explained: “Instead of 15 737-800NGs scheduled to be delivered in 2016 and 2017, we will add four aircraft to our fleet in the period. In addition, we will sublease 12 aircraft in 2016 to foreign airlines during our low season — compared with seven in 2015.”

The low-cost carrier will also scale back frequency to the US, switching its current Miami and Orlando via Punta Cana services to seasonal rotations with effect from February next year.

Filed Under Commercial Aviation News.


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