GOL announces approval of MAP acquisition by the CADE | TravelDailyNews International
  • Travel Daily News Asia
  • Travel Daily News Asia
  • Travel Daily News Greece & Cyprus
New Articles

Airlines

GOL announces approval of MAP acquisition by the CADE

2282
0
SHARES
00

In accordance with applicable law, the approval decision will become final within 15 calendar days from its publication, with no third-party appeal or summons by the CADE Court.

SÃO PAULO - GOL Linhas Aéreas Inteligentes S.A., in addition to the Material Fact disclosed on June 8, 2021 regarding the acquisition of MAP Transportes Aéreos Ltda. by the Company, informs that, on December 30, 2021, the General Superintendency of the Administrative Council for Economic Defense issued the Order SG No. 1929/2021 approving the Transaction without restrictions. In accordance with applicable law, the approval decision will become final within 15 calendar days from its publication, with no third-party appeal or summons by the CADE Court.

The Order and other documents of public nature about the analysis carried out by CADE may be accessed at the autarchy's electronic address.

GOL is Brazil's largest airline, leader in the corporate and leisure segments. Since its founding in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transportation. The Company has alliances with American Airlines and Air France-KLM, in addition to making available to Customers many codeshare and interline agreements, bringing more convenience and ease of connections to any place served by these partnerships. With the purpose of "Being First for Everyone", GOL offers the best travel experience to its passengers, including: the largest inventory of seats and the most legroom; the most complete platform with internet, movies and live TV; and the best loyalty program, SMILES.

6 Days News
Viking Polaris delivered
Maureva acquires XLM AERO
The best casinos in Norway
Edinburgh to Atlanta for Summer '23
Opening of Six Senses Rome
Planitas partners with Breeze Airways
L1 visa business plan