GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) has announced that it will actively “evaluate capitalisation alternatives and/or available alternative transactions,” assessing potential new sources of funding as the company journeys through its Chapter 11 bankruptcy process in the United States.
It will do so, it said in a notice to the market on March 7, in a timely manner, through a competitive process conducted with the support of its advisors. However, the company has not initiated such procedure as yet, it cautioned….
Source: ch aviation
Read more: Brazil’s GOL to evaluate "capitalisation alternatives"