NEWSJan 19, 2024Financial Issues May Force Brazil's GOL to File for BankruptcyThe aviation industry can be difficult for airlines to survive since many carriers operate with razor-thin profit margins in a delicate balance between operating loss and operative revenue. The results can be disastrous when this balance between operating costs and revenue (profit/income) is disturbed. The latest airline to experience this problem is the Brazilian low-cost carrier GOL Linhas Aéreas Inteligentes (GOL). The 22-year-old airline is reportedly considering filing for Chapter 11 bankruptcy protection. Read More →
NEWSApr 09, 2023Latin America to Establish Itself as a Producer of Sustainable Aviation FuelLatin American countries such as Brazil and Colombia are expanding SAF production. Many of these countries have large supplies of palm oil and biofuels that will make it more efficient for them to produce these biofuels.Read More →
