GOL Linhas Aéreas Inteligentes S.A ("GOL Intelligent Airlines S.A." also known as VRG Linhas Aéreas S/A) is a Brazilian low cost airline[4] based in Rio de Janeiro, Brazil.[5] According to the National Civil Aviation Agency of Brazil (ANAC), between January and December 2019, GOL had 37.7% of the domestic and 3.8% of the international market shares in terms of passenger-kilometers flown, making it the largest domestic and third largest international airline in Brazil.[6]
GOL competes in Brazil and other South American countries primarily with LATAM Brasil and Azul. It also owned the brand Varig between 2007 and 2013, although now that name refers to what is informally known as the "new" Varig, founded in 2006, not to the extinct "old" Varig airline, founded in 1927.
GOL operates a growing domestic and international scheduled network. Its main hubs are São Paulo–Guarulhos International Airport, Rio de Janeiro–Galeão International Airport and Salvador Bahia Airport. GOL also has focus operations at Rio de Janeiro-Santos Dumont Airport, São Paulo-Congonhas Airport, Fortaleza Airport and Belo Horizonte International Airport. GOL refers to itself as GOL Intelligent Airlines (GOL Linhas Aéreas Inteligentes in Portuguese) as a slogan.[7] The company was traded on the New York Stock Exchange as "GOL Linhas Aéreas Inteligentes S.A." from 2004 to 2024.[8]
The company's name is a Portuguese word borrowing from the English word "goal" from association football.[9] The company slogan is ''Nova GOL. Novos tempos no ar. ; New GOL. New times in the air.''.
It is informed that the debt of company until final July 2024 totals R$29.1 billion.[10][11]
History
The airline was established in 2000 as GOL Transportes Aéreos S.A. and started operations on 15 January 2001 with a flight from Brasília to São Paulo.[12] It is a subsidiary of the Brazilian conglomerate Grupo Áurea, based in Minas Gerais state, which has other transportation interests, including Brazil's largest long-distance bus company. Grupo Áurea in turn is owned by the Constantino family. Constantino Júnior was responsible for building the business next to the vice president of the company, David Barioni.[13][14]
In 2007, GOL was owned by AeroPar Participações (75.5%), Venture (17.6%), American International Group (5.4%) and Air France-KLM (1.5%).[15] The growth in GOL's stock price made the Constantino family a member of the Forbes magazine billionaire list in 2005.
In 2007, GOL was supposed to begin a code-share agreement with TAP Portugal, opening the European market to the Brazilian airline, and the internal Brazilian market to the Portuguese airline (the largest foreign airline in Brazil).
Corporate affairs
The key trends for GOL are (as of the financial year ending 31 December):[68]
Destinations
As of October 2025, GOL Linhas Aéreas Inteligentes serves the following destinations:[83]
Additionally, GOL operates dedicated executive bus services between São Paulo airports for its passengers and affiliate airlines:[104]
- São Paulo–Congonhas Airport and São Paulo/Guarulhos International Airport
Fleet
Airline Affinity Program
Smiles is GOL/Varig's Frequent-flyer program since 20 July 2006. Points can be used for services from GOL/Varig, and partners Aerolíneas Argentinas, Aeromexico, Air Canada, Air Europa, Air France, Alitalia, American Airlines, Avianca, British Airways, Copa Airlines, Emirates, Etihad, Iberia, KLM
Accidents and incidents
- On 29 September 2006, Flight 1907 operated by a Boeing 737-800 SFP (Short Field Performance) registered as PR-GTD disappeared from radar while flying over the central-western state of Mato Grosso en route from Manaus to Brasília and Rio de Janeiro-Galeão. The aircraft collided in mid-air with an Embraer Legacy 600 business jet registered N600XL, near the town of Matupá, 470 mi south of Manaus. The GOL aircraft broke up in mid-air and crashed in the Amazon rainforest, leaving no survivors among its 154 occupants. The wreckage was found a day later. The Legacy jet landed safely at Cachimbo Airport, part of the Brigadeiro Velloso Test Range of the Brazilian Air Force, with damage to the tail and left winglet. As of 2025, Flight 1907 is the only fatal accident in the airline's history.[130]
- On 29 April 2022, a GOL Linhas Aéreas Boeing 737 registered as PR-GUQ collided with an Azul Brazilian Airlines Embraer E195 while taxiing at Viracopos International Airport after landing from Santos Dumont Airport. Nobody was injured, with damage only caused to the 737's left winglet and the E195's tailcone.[131]
See also
External links
References
- Empresas Aéreas - Consulta ANAC, retrieved 15 March 2025^
- Empresas Aéreas - consulta ANAC, retrieved 4 September 2025^
- 2021 Financial Statements Gol IR, 14 March 2022, retrieved 20 June 2022^