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Delta takes stake in Gol

08 December 2011

The US airline will invest $100m in the Brazilian low-cost carrier.

Read more: Gol Delta codeshare equity

Delta has agreed to buy a minority stake in Gol. The US carrier will buy American depositary receipts (ADSs) backed by preferred shares from the Brazilian airline, worth about $100 million.

According to Delta, Gol has...


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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