Deal Snapshot
GOL To Acquire Brazilian Airline MAP Transportes AĆ©reos
Friday 11 June 2021

Brazil-based domestic airline GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL) (B3: GOLL4) has entered into an agreement to acquire Brazilian domestic airline MAP Transportes Aéreos Ltda, which has flight routes to regional destinations and São Paulo's Congonhas Airport, the company said.

The acquisition reflects the company's on-going commitment to expanding the demand for passenger air transportation in Brazil and what its Management perceives to be an unparalleled market opportunity for rational consolidation in the Brazilian aviation market, as the country's economy recovers from Covid-19.

Date Published: 11/06/2021