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Abra Group Takes Control as GOL Emerges from Chapter 11 with a Strengthened Position
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Abra Group Takes Control as GOL Emerges from Chapter 11 with a Strengthened Position
With a stronger financial structure and a clear strategic plan, Brazilian GOL Linhas Aéreas has completed its reorganization process under Chapter 11 of the U.S. Bankruptcy Code. The airline emerges with reduced debt, substantial liquidity, and a reinforced operational focus, positioning itself to compete more effectively in the South American aviation market. The Brazilian carrier concluded the court-supervised process initiated in January 2024…
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