THURSDAY NOV 21, 2024
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Tag: Gol
NEWS Oct 23, 2024 Why United is Reviving its 737 Tokyo-Narita Hub Tokyo's Narita International Airport has gradually decreased in popularity among airlines due to various factors. While airlines like Delta have opted to shift their Tokyo operations to the more favorable Haneda Airport, United has expressed interest in continuing to grow in Narita. Read More →
NEWS Mar 06, 2024 Azul Working With Investment Banks in Potential Takeover of Bankrupt Rival Gol Azul Linhas Aéreas (Azul) is contemplating a takeover of Gol Linhas Aéreas Inteligentes (Gol) after Gol filed for bankruptcy in January. Both Brazilian-based budget carriers have experienced difficult economic setbacks since the initial outbreak of the COVID-19 pandemic. Read More →
NEWS Jan 28, 2024 Embattled Brazilian Low-Cost Carrier GOL Files for Chapter 11 Bankruptcy Gol Linhas Aereas Inteligentes SA (GOL), Brazil's largest low-cost carrier, filed for Chapter 11 bankruptcy protection in the U.S. on January 25. Although many industry analysts already expected GOL to file for bankruptcy, the move highlights airlines' enduring challenges due to the COVID-19 pandemic and broader economic uncertainties. Read More →
NEWS Jan 19, 2024 Financial Issues May Force Brazil's GOL to File for Bankruptcy The 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 →
STORIES Dec 12, 2023 The Houston Express: Why Houston Was the Only US City with Direct Flights to Angola Angola is a country that not many Americans choose to visit when searching for an African destination since its tourist attractions are not well-known. That being said, Angola's massive oil reserves attract business travelers from oil companies interested in doing business there. Demand was so high that direct flights between Houston and Luanda existed for 17 years, especially as Angola saw an economic boom amid rising oil prices in the 2000s. We look deeper at the Houston Express and why it no longer exists. Read More →
NEWS Jul 11, 2023 Delta Becomes First American Airline to Sign LPGA Sponsorship Delta Air Lines is making major investments in women's golf, signing Rose Zhang, Nelly Korda, and Michelle Wie to long-term sponsorship deals. The deals follow previous long-term investments by Delta in women's sports to elevate female athletes. Read More →
NEWS Jun 21, 2023 TAAG Angola Airlines Orders Seven Airbus A220s Through Two Agreements TAAG Angola Airlines, the state-owned flag carrier of Angola, is planning to lease three Airbus A220-300s from commercial aircraft lessor Azorra and four Airbus A220-300s from Aviation Capital Group (ACG). Both announcements were made at the Paris Air Show. Read More →
NEWS Jun 07, 2023 PGA Tour and LIV Golf Merger: What's in it for Airlines? The PGA Tour and LIV Golf have announced plans to merge into one global golf league after months of legal disputes. The merger is expected to have a significant impact on golf, including in terms of the airlines that currently sponsor the existing leagues. Who will be the league's official airline in the future? Read More →
NEWS Apr 17, 2023 INCIDENT: Cargolux 747 Sustains Damage Upon Landing at Luxembourg During a landing attempt at Luxembourg Airport, a Cargolux 747 experienced an incident that caused damage to the aircraft. The pilots initiated a go-around before safely landing the plane a short while later. Read More →
NEWS Aug 29, 2022 The Last Ever 747 Produced Is Close to Completion After 50 years of production, the final 747 ever produced is set to take to the skies. Read More →