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Category: BSB
GOL signs agreement with Brazilian Soccer Federation
GOL Airlines signed an exclusive deal with CBF (Confederacao Brasileira de Futebol), where for the next four years GOL will…
GOL Airlines lost R$75 million in the first quarter
GOL Brazilian Airlines released its first quarter results yesterday, when the low cost carrier lost R$75.3 million (U$37 million). The…
Fitch Downgrades LATAM to BB
Fitch Ratings Agency downgraded LATAM Airlines Group S.A.’s (LATAM) foreign currency Issuer Default Rating (IDR) to ‘BB’ from ‘BB+’. In…
TAM to stop direct service Rio-Paris and Rio-Frankfurt
Starting August 11, TAM Airlines will stop its direct service between Rio de Janeiro and Frankfurt, and Rio de Janeiro…
GOL celebrates the IPO of its Smiles frequent flier division at BOVESPA
On Monday (April 29) GOL and Bovespa are set to celebrate the initial public offering of shares of Smiles S.A.,…
Number of foreign visitors to Brazil in 2012 only 5.7 million
In 2012, Brazil had 5.7 million foreign visitors according to the country’s Tourism Ministery, which represents a 4.5% increase compared…
GOL Airlines plans frequent flyer IPO to raise capital
Gol Linhas Aéreasplans to raise 1.3 billion Reais ($677 million) in an IPO of its frequent flyer program (Smiles), and…
Avianca increases seats on route Bogota to Sao Paulo in 15%
Starting May 2nd, Avianca will increase the number of seats between Bogota and Sao Paulo in 15%. The carriers operates…
Brazilian Carriers seats offerred shrinks 7.78% this year
The domestic airline offer decreased 7.78% in Brazil this year. The demand for passenger air transportation (Revenue/passenger/km) increased only 1.14%…
GOL Airlines releases results for last quarter 2012 with major loss
The Brazilian low cost carrier lost R$447 million (about U$223 million) during the last quarter of 2012, compared to a…
WhiteJets renaming company to POPBrasil, and ordering new planes
Whitejets is changing its name and business model. Know as a charter operator, the company is changing its name to…
TAM Airlines cancels daily flight between Rio de Janeiro and Orlando, Florida
Starting April 04, 2013, TAM Airlines is cancelling the daily service between Rio de Janeiro, Brazil and Orlando Florida. The…