GOL

Apr 17, 2018 | Code Shares, GOL, Ownership Stakes

Note: GOL is not a JV partner, nor has a JV partnership been announced.

Learn more about the GOL partnership. Every joint venture, code share, and ownership stake is unique. Learn more about what makes this relationship different from others. This page reviews the fundamentals surrounding the partnership, including route structure and other important facts. In addition, this page discusses the timeline involved in this agreement, highlighting various milestones.

Timeline

  • Reciprocal frequent flyer program implementation
  • One-Way codeshare agreement
  • Alliance announced between Delta and GOL
  • Delta receives a seat on GOL Board of Directors
  • Delta and GOL agree to extend term of strategic and commercial agreements

  • Brazil’s Senate approved an Open Skies agreement with the US
  • Open Skies agreement is necessary for the US DOT to approve a JV

JV Fundamentals

  • Delta has invested $100 million in GOL and has a 9% ownership stake
  • Brazil is the largest economy in South America
  • GOL is South America’s largest low cost carrier and the second largest carrier by passengers carried
  • GOL aircraft carry the Delta logo on their bulkheads and fuselage
  • GOL code on Delta to 37 destinations in North America
  • Delta code on GOL to 33 destinations in South America
  • GOL will start flying routes from Fortaleza and Brasilia to Miami and Orlando in November 2018 with their 737 MAX aircraft
  • Orlando-Brasilia will be the longest commercial 737 route in the world

 

More about GOL

 

Skift Covers How Latin America’s Airlines Might be Reshaped Forever

Bankrupt LATAM Airlines and Avianca Holdings are dramatically retrenching their once grand ambitions amid the COVID-19 pandemic, reducing competition in Latin America as they mull once-unthinkable cooperation with rivals. Since May, LATAM has exited Argentina,...
Read More

OAG Covers How the Ongoing Shake Up in South America is Affecting LATAM

OAG Blog recently covered an increase in scheduled airline capacity as China   In recent weeks both LATAM and Avianca have entered bankruptcy protection. While LATAM may emerge with the help of supportive shareholders...This does, however, provide opportunities....
Read More

Cranky Flyer Takes Stock of Delta’s Investments

Craky Flier covers Delta and The Perils of Investing in Partners It Can’t Control Delta Air Lines and LATAM Airlines have signed their highly anticipated joint venture agreement. The deal promises new levels of interconnectivity when traveling throughout the Americas....
Read More
“”