Global airlines are in talks with Gol to invest in the Brazilian airline, which is undergoing Chapter 11 bankruptcy proceedings in the U.S., local newspaper Valor Economico reported on Tuesday, citing sources. The report mentions U.S.-based companies United Airlines and American Airlines, as well as European firms Air France-KLM, International Airlines Group and Lufthansa Group among the groups in talks with Gol. The Brazilian airline, which last week announced a memorandum of understanding to explore a merger with local rival Azul, has been in Chapter 11 bankruptcy proceedings since early 2024.Read More
