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Brazil's Gol enters lease agreement with Avolon Aerospace
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Brazil's Gol enters lease agreement with Avolon Aerospace
Oct 16, 2025 7:56 AM

SAO PAULO, Oct 16 (Reuters) - Brazil's Gol Linhas Aereas

Inteligentes SA has entered a leasing agreement with

Avolon Aerospace for five Airbus A330-900neo aircraft, along

with a letter of intent for up to two additional Airbus

aircraft, the airline and its controlling shareholder Abra said

on Thursday.

Deliveries are scheduled for 2026, Gol said in a securities

filing, adding that the aircraft may be operated by any company

within Abra, which includes Colombian airline Avianca. The value

of the deal was not disclosed.

"There is no immediate financial effect for Gol as a result

of the signing of the contracts, nor are there any definitive

investments or commitments for any companies that make up the

Abra Group," the company added.

Abra said in a separate statement that the agreement and letter

of intent were in line with its strategy for international

expansion with wide-body jets as it intends to keep adding new

routes and destinations in Europe and the Americas.

The group noted it also signed an agreement for 50

additional options of Airbus A320neo aircraft, which follows

another 88 units already contracted, but did not say whether the

deal was linked to the one announced by Gol with Avolon.

"This announcement confirms that we continue to make the

necessary investments in line with our commitment to providing

increasing access to air transportation to millions of people,"

Abra CEO Adrian Neuhauser said in the statement.

In another corporate move, Abra said on Wednesday it intends to

confidentially submit a draft registration statement for a

proposed initial public offering in the United States.

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