Aviation
Commercial /
Brazil
Gol Airlines
Smiles makes a contribution and alleviates the company's situation
José Pedro M Ramos
7/6/2020
This week Gol Linhas Aéreas announces a billion dollar contribution from its frequent flyer carrier, the famous Smiles.
The agreement consists of an advance of R $ 1.2 billion to Gol. To honor this amount, Gol will guarantee Smiles an average discount of eleven percent on the price of tickets until the end of 2020.
Smiles will also benefit from the availability until June 2023 of a lot of tickets at a promotional rate under conditions and quantities defined in the agreement.
The moment, of course, is totally favorable to the agreement, which favors Gol's short-term cash position and leaves the airline more able to go through the current crisis moments,
Hyperlinks:
https://www.panrotas.com.br/av...
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