The US Bankruptcy Court approves $950 million in debtor-in-possession financing for GOL, Brazil's top domestic airline, enabling continued operations amid restructuring.

The US Bankruptcy Court grants GOL Linhas Aereas Inteligentes, Brazil's leading domestic airline, key approvals for financial restructuring. The court approved interim access to $950 million in debtor-in-possession financing, allowing the company to continue operating and providing safe air transportation while restructuring. GOL intends to seek final approval of the financing in the coming weeks.

January 29, 2024
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