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GOL

Sector: Airport • Location: Brazil

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_GOL Transporte Aereos S.A. (GOL or the company) is headquartered in Sao Paulo, Brazil, and is the only low-fare, low-cost airline providing frequent services on routes connecting all of Brazil’s major cities. The company’s strategy is to grow its business by popularizing air travel, stimulating and meeting demands for affordable and convenient air travel in Brazil and between Brazil and ot

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Project Information

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The project “GOL” is an infrastructure initiative in the Airport sector, located in Brazil. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

_x000C_GOL Transporte Aereos S.A. (GOL or the company) is headquartered in Sao Paulo, Brazil, and is the only low-fare, low-cost airline providing frequent services on routes connecting all of Brazil’s major cities. The company’s strategy is to grow its business by popularizing air travel, stimulating and meeting demands for affordable and convenient air travel in Brazil and between Brazil and other South American destinations for both business and leisure passengers. It currently offers over 470 daily flights to 49 major business and travel destinations in Brazil, Argentina, Bolivia, Paraguay and Uruguay. GOL’s long-term business objective is to bring affordable air travel to all significant destinations in South America. The IFC project is a $50 million corporate loan to the company for the financing of spare parts and working capital needs.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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