💥New Chapter 11 Bankruptcy Filing - GOL Linhas Aéreas Inteligentes S.A.💥
Airliner files with $950mm DIP commitment.
On January 25, 2024, GOL Linhas Aéreas Inteligentes S.A. ($GOL) and 12 affiliates (collectively, the “debtors”) filed chapter 11 cases in the Southern District of New York (Judge Glenn). The debtors operate one of Brazil’s largest domestic airlines and one of the largest low-cost carriers globally. The debtors’ flights carried over 3…