GOL gets assistance with renegotiation talks

GOL Linhas Aéreas Inteligentes S.A. (BM&FBOVESPA: GOLL4 and NYSE: GOL) has hired SkyWorks Capital, LLC , a specialized financial advisory firm, to assist in discussions with its aircraft lessors with the objective of renegotiating certain commercial terms of the leases, the airline said.

The engagement of SkyWorks is part of the company´s business plan and is consistent with previously disclosed measures aimed at optimizing the company´s route network, pushing back its aircraft delivery schedule and resizing its capacity, in order to adjust its flight offerings to current levels of demand and to current conditions in the sector.

GOL Linhas Aéreas Inteligentes offers around 900 daily flights to 68 destinations, 13 international, in South America and the Caribbean, using a young, modern fleet of Boeing 737-700 and 737-800 Next Generation aircraft, the safest, most efficient and most economical of their type.