GOL receives court approval for order of 91 Boeing 737 MAXs
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Background ✨
GOL entered into an exit financing commitment with investors to purchase USD1.25 billion of debt instruments as part of its restructuring plan, aiming to repay obligations and support business operations post-Chapter 111. The airline's updated five-year plan includes converting significant debt into equity and raising USD330 million in exit equity capital, targeting a fleet size of 167 aircraft by 20292. GOL received three new Boeing 737 MAX 8s in Dec-2024 to strengthen operations3.