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Delta will increase participation in GOL Airlines from 3% to 9% for $ 56 million

GOL will receive investments of US $ 146 million of its parent company, the fund FIP Volluto, and Delta Air Lines. Some details of the transaction were disclosed by the company in a conference call: Delta will invest $ 56 million and will increase its stake in Brazilian company from the current 3% to 9%. The fund Volluto will invest US$ 90 million, corresponding to 61% new shares.

The US Company will also guarantee a loan of $300 million from third parties and will have actions of Smiles program, which belongs to GOL Airlines. Many details of the operation, however, will still be defined.