United Kingdom
United States
Asia Pacific
American Airlines buying stake in Brazil based Gol
American Airlines plans to purchase a minority stake in Brazil based Gol and they will strengthen their existing collaboration.
American says it will take a 5.2% stake for $200 million.
The airlines already have an existing codeshare agreement which will now become exclusive.
It also allows American and Gol loyalty members to earn points on frequent flyer programs American AAdvantage and Gol Smiles.
Gol’s main base is Brazil but flies throughout South America.
It operates more than 100 Being single aisle jets in Central and South America, as well as flying to Miami and Orlando.
"Our long-haul network marries seamlessly with Gol’s strong domestic network in Brazil. Together, we will be able to offer customers flying to, through and from Brazil, access to the largest network," said American Airlines President Robert Isom.
American flies to 17 destinations in South America.
Related News Stories:
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference
Insights from James Ferrara on Inteletravel’s Growth and Future
Tricia Handley-Hughes on Inteletravel’s Growth and Challenges
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Woman dies after getting ‘entangled’ in baggage carousel
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
BA pilot dies during layover
Boy falls to death on cruise ship