Brazil’s Gol Gets Prize for LatAm’s Best and Most Innovative Airline

In a survey of the best Latin American companies Brazilian airline Gol received three awards from LatinFinance magazine. It was the most awarded in the survey, which had 12 categories.

Gol was chosen the best among medium size companies – with revenues between US$ 500 million and US$ 5 billion – and, among these, the one adopting the most innovative financial strategy.

Constantino de Oliveira Junior, Gol’s president, was elected best executive among those leading companies in this category.  In the award’s third annual edition, LatinFinance heard 25 industry experts – investment bank directors, equity research analysts, portfolio managers and rating agency professionals.

The experts paid compliments to the issuance of US$ 200 million of perpetual bonds in April, to finance the acquisition of aircraft.

"This recognition stimulates us to continue investing in popularizing high quality, low price air transportation throughout South America," declares Constantino de Oliveira Junior.

With almost 30,000 monthly copies, Latin Finance circulates in the United States, Europe, Latin America and Asia.

Gol currently offers over 500 daily flights to 50 airports in Brazil, Argentina, Bolivia, Paraguay and Uruguay. Gol growth plans include increasing frequencies in existing markets and adding service to additional markets in both Brazil and other high-traffic South American travel destinations. Gol shares are listed on the NYSE and the Bovespa.

Gol – www.voegol.com.br

Tags:

You May Also Like

Fifty Slaves Rescued in Brazil

The mobile inspection unit of Brazil’s Regional Labor Office (DRT) freed 50 rural laborers held ...

Child carrying sibling looking through the trash in Brazil

Brazil’s Poor Are Too Peaceful While Their Kids Starve do Death Amid Plenty

Recent studies show that a Brazilian prisoner is twice as likely to have come ...

High Taxes and Interest Slow Brazil Industry Output

Industrial production in Brazil grew in the final quarter of 2004 (October-December), but at ...

Brazilian Equities Resume Rally

Latin American stocks advanced, as investors resumed a recent buying spree, after sending shares ...

NGO’s in Brazil Launch Campaign Against Big Tobacco

An international coalition of non-governmental organizations (NGOs) has launched a campaign today to call ...

In Brazil, Raul Castro Says He’s Ready to Discuss Cuba’s Embargo with Obama

Cuba's President Raul Castro says he is willing to discuss the 50-year-old US trade ...

Brazil’s Builder Wins Tender for US$ 31-Million Algerian Dam

Brazilian construction company Andrade Gutierrez has won an international tender for the construction of ...

Kaftans, Abayas and Hijabs Are a Hit in Brazil Too

International clothing brands and retail chains are making room in their stores for the ...

Brazilian Men to Help US Study on Cervical Cancer

In the largest grant ever to a Cancer Control and Prevention researcher at the ...

Lax Control Opens Brazil to Transgenic Contamination

With the appearance of genetically modified organisms in the last decade (which are also ...