Stabilizing Airline Finances: The Strategic Loan That Could Save Gol

Abra Group, the principal shareholder of Brazilian airline Gol (GOLL4), is nearing a deal for a critical $1.3 billion loan. This funding, provided by investment firm Castlelake, aims to stabilize Gol’s finances. Owning Colombian airline Avianca adds complexity to Abra’s financial landscape. Minneapolis-based Castlelake is a global alternative investment firm with approximately $22 billion in […]

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