United, American, Lufthansa all in talks to take on bankrupt airline
A new report shows that multiple airlines see potential to take over a Latin American carrier.
Even though it serves extra people per yr than Brazil's flagship airline, LATAM Airlines Brasil, the country's smaller GOL Linhas Aéreas needed to file for Chapter 11 monetary distress protection in January 2024 amid extra than $3.8 billion in debt.
The airline's issues had been exacerbated by flights that would not be high-tail whereas the carrier waited for delayed deliveries of Boeing planes.
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