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GOL makes progress with troublesome VRG acquisition: Anac approves corporate reorganisation


GOL Linhas Aéreas Inteligentes, the parent company of GOL Transportes Aéreos (GTA) and VRG Linhas Aéreas (VRG), stated Anac (Brazil’s National Civil Aviation Agency) approved the corporate restructuring of its subsidiaries to combine them into a single airline company. GOL is expected to save an estimated USD180 million through the merger. [1212 words]

Unlock the following content in this report:


  • New integrated route network: GTA to focus on domestic and short-haul sectors; VRG on medium-haul international routes
  • To implement new integrated sales system
  • Unit costs remain at top end of LCC peer group
  • Announces new fare and premium economy product
  • Enhances in-flight service offering

Graphs and data:

  • GOL domestic monthly passenger traffic (millions) and load factor (%): 12 months to 30-Sep-08 and 30-Sep-07
  • GOL route network: GTA and VRG
  • Sample LCC unit cost (per ASK; USD cents)
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