• Categories
  • Archives

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:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

US Equity Investor Buys Brazilian Restaurant Chain Frango Assado

Brazil's Frango Assado, the leading operator of highway restaurants in Brazil, has been bought ...

US Rate Hike Cools Brazilian Market

Brazilian markets declined, yesterday, ahead of a possible U.S. interest rate hike on Wednesday. ...

Just Passing Through

Foreigners feel they would never be able to live like Brazilians and cannot understand ...

A Quarter of Brazilian Executives Think Worst of World Crisis Is Over

All over the world, the number of executives who believe that the global economic ...

Brazil Earmarks US$ 2.2 Bi for 36 Fighter Jets. Just for Starters

The Brazilian government is planning a major increase of Brazil's armed forces budget and ...

Brazil’s CVRD to Explore Argentina’s Potash

Brazil’s Companhia Vale do Rio Doce (CVRD) is the winner of an international competition ...

Brazilian Indians Get Two Weeks to Sell Illegal Diamonds

November 26 marked the beginning of the removal of mining equipment from the Roosevelt ...

How Much Will Brazil Hike Interest Rates?

Brazilian markets rose modestly, this Monday, ahead of a flood of U.S. earnings releases ...

Staying Out of US-Inspired FTAA Is a Good Thing, Says Brazil

With Venezuela included Mercosur has "the potential of becoming a trade block of the ...

Venezuelan President Hugo Chavez

Brazilian Congress Calls Chavez Cheap Hitler and Threat to Peace

Brazilian President Luiz Inácio Lula da Silva instructed the Ministry of Foreign Affairs to ...